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Kenilworth Apartments
Address
147-165 Ellis Street & 901-905 Martin Circle
Petaluma, CA
Marketing Package (click here)
| Summary | |
| Price | $6,450,000 |
| Number of Units | 52 |
| Cost Per Unit | $123,038 |
| Current GRM | 8.87 |
| Current CAP | 5.87% |
| Approximate Age | 1959 |
| Approximate Net RSF | 37,850 |
| Proposed Financing | |
| First Loan Amount | $3,315,000 Assumption, Existing Due July 2013 |
- Kenilworth Apartments is an extremely well located 52 unit apartment community situated in a residential neighborhood in the well established west side of Petaluma. Petaluma has historically been a very strong rental market due to it's proximity to the Santa Rosa job market, Marin County workers seeking less costly housing and the abumdant charm of this community of 54,548 people. Convenient and desirable location combines with a strong unit mix to make the Kenilworth Apartments appealing to renters and Real Estate investors alike.