Santa Rose 9 Multifamily SFR Portfolio

The surrounding neighborhood is primarily residential, characterized by single-family homes and multi-family properties. Nearby amenities include parks, schools, shopping centers anchored by national retailers, essential retail amenities, and medical services, contributing to the community's convenience and appeal. Southwest Santa Rosa is an up and coming market. Located near Costco, Super Target, In-N-Out, Trader Joes, Starbucks, Smart & Final, amongst other retailers, major auto dealerships, and industrial centers.*This is an incredible opportunity for an investor to acquire an adjoining multifamily portfolio at a value below the comparable sales with real upside in rents of $900 per unit. The properties have been owned for several decades by the same owner, which is now ready to sell leaving true value-add equity for the next owner. Furthermore, several of the properties are situated on large lot potentially allowing for additions of ADUs. The units and buildings are mostly in average condition meaning that with a moderate renovation, the tenants have the potential to generate $8,100 (+/-) per month = $97,200 annually in additional rental income. This Santa Rosa, CA residential income portfolio is consists of 9 multifamily units comprised of (4) Duplexes plus a Single-Family Residence (SFR). All but one of the properties are adjoining and the standalone is SFR is a few houses over. The vintage of the properties ranges from 1951 - 1959 and the majority of the units are 3B/1B with an average 929 SF. Each tenant pays their own direct electrical, gas, sewer, and the portfolio is serviced by private well water. In addition, each unit features washer / dryer hook-ups, fenced yards, garages (varies), water heaters, refrigerator, stove, oven, and wall furnace heater. 3230-3232 Moorland Ave: 3 Bed / 1 Bath 3216-3220 Moorland Ave: 3 Bed / 1 Bath 3224 A & B Moorland Ave: 2 Bed / 1 Bath 3228 D & E Moorland Ave: 2 Bed / 1 Bath 3228 F Moorland Ave: SFR 3 Bed / 1 Bath APNs 3216 Moorland Ave APN 043-144-036 3230 Moorland Ave APN 043-144-030 3228 Moorland Ave APN 043-144-024 3228 Moorland Ave APN 043-144-028 3224a Moorland Ave APN 043-144-023