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| Summary | |
| Price | $2,700,000 |
| Number of Units | 18-6-2B/2B 8-2B/1B 4-1B/1B |
| Cost Per Unit | $150,000 |
| Current GRM | 10.93 |
| Current CAP | 5.67% |
| Approximate Age | 1985 |
| Approximate Net RSF | 16,002 |
| Proposed Financing | |
| First Loan Amount | $1,600,000 New, 30-Year Amortization |
- The Creekside Woods Garden Apartments is a premuim 18 unit apartment community located in the Larkfield area of North Santa Rosa. This investment offering features 1985 construction, large units with garages, and a park-like setting.
- Situated on 1.8 acres, the subject property consists of 2-2 story buildings featuring wood frame construction, pitched roofs, dual pane windows, individual hot water heaters and spacious floor plans with patios and balconies. The unit mix consists of 8-2 bedroom 1 bath units, 6-2 bedroom 2 bath units, and 4-1 bedroom 1 bath units. Property amenities include individual garages, a serene park like setting and a large, clean, building owned laundry facility.
- Santa Rosa is a city with a growing population of 149,415 residents. Santa Rosa is located about 50 miles north of the Golden Gate Bridge, in Sonoma County. The subject property sits just north of a downtown area and is convenient to shopping, schools, major employers, and transportation via the Metro Bus and CityBus lines which stops near the building as well as access to Highway 101 one third mile to the west.