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| Summary | |
| Price | $7,275,000 |
| Number of Units | 81 |
| Cost Per Unit | $89,815 |
| Current GRM | 9.04 |
| Current CAP | 6.35% |
| Approximate Age | 1985 |
| Approximate Net RSF | 37,350 |
| Proposed Financing | |
| First Loan Amount | $4,550,000 New, 30 Year Assumption |
- Located in spectacular Windsor, California, Redwood Royale is an 81 unit apartment complex featuring an excellent downtown location amidst the bucolic splendor of Sonoma Valley wine country. Built in 1985, this investment offers an opportunity to acquire a well located apartment community.
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After making a down payment of $2,725,000 the buyer will assume an existing Wells Fargo loan in the amount of $4,550,000 at a fixed interest rate of 5.70% with monthly payments of principal and interest equal to $21,613 until May 1, 2017. Contact listing agent for financing referral if necessary.