INCOME PROPERTY FOR SALE
8-Units Near Santa Rosa's Montgomery Village
BUILDING TYPE: 8-PLEX
2208/2210 Sonoma Ave, Santa Rosa, CA 95405
2208SONOMA.COM
Year Built: 1962 Building Size: 5,150 Sq Ft Lot Size: 15,300 Sq Ft Tax ID: 014-161-025 CAP Rate: 6.1% Projected CAP Rate: 7.1%
OFFERED AT $1,990,000
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
RE/MAX MARKETPLACE IS PROUD TO PRESENT
EXCEPTIONAL INVESTMENT OPPORTUNITY IN SANTA ROSA'S HOSPITAL DISTRICT Located in the Memorial Hospital neighborhood and just one block from Montgomery Village, the Auletta Apartments are a prime 8-unit complex composed of two fourplexes surrounding a common courtyard. Each spacious flat consist of two bedrooms, one bathroom and includes wall furnaces, covered carports, common laundry and A/C in every unit. All units have been meticulously maintained and display pride of ownership throughout. The stucco construction, perimeter foundation with slab sub area, new dual pane windows, sliders and separate PG&E meters makes for a turn-key investment opportunity. The desirable rental location will command premium rents due to the close proximity to Montgomery Village and Hospital District. Upside in rental potential due to the current owner’s below market management style.
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
LOCATION
COMMUTER LOCATION
56 Miles to San Francisco 20 Miles to Sonoma 36 Miles to Napa 10 Miles to Charles M Schulz Santa Rosa Airport 3 Miles to SMART Station / Transportation Hub 17.5 Miles to Healdsburg 9.7 Miles to Rohnert Park
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
FINANCIALS
INCOME AND EXPENSE PROPERTY REPORT
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
SUBMARKET INFORMATION
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
COMMUNITY
ABOUT SANTA ROSA Santa Rosa is the largest city in Sonoma County and houses more than one-third of the county’s population on almost 42 square miles. In 2016 U.S News and World Reports declared Santa Rosa the 4th best place to live in California. Located just 50 miles north of the Golden Gate Bridge and along the 101 Corridor, Santa Rosa is within minutes of some of Sonoma County’s most quintessential attractions. With a beautiful downtown, historic Railroad Square and vintage architecture, Santa Rosa offers the best of small town living with the conveniences of a large city. Santa Rosa is the gateway to some of the best Wine Country experiences in the world and is home to some of the most iconic wineries in California. Santa Rosa is home to almost as many restaurants as there are in all of Sonoma County combined. From local dives to world-class dining, foodies will never have to leave city limits. If you are a student of history, you will want to visit the Sonoma County Museum, Pacific Coast Air Museum, Indian Cultural Museum and the Charles M. Schulz Museum. Santa Rosa offers seemingly endless outdoor fun and activities at Spring Lake Park, Howarth Park, Annadel State Park and Hood Mountain Regional Park. Many of these parks are dog friendly and offer extensive biking, hiking and walking trails of varying degrees of difficulty. Population Median Age Median Household Income Number of Employees 1 Year Growth
173,165 38 $62,705 84,306 1.7%
Employment by Occupation (Most to Least)
Sales & Related Occupations (12%) Administrative (11.6%) Management (11.3%) Food Preparation, Serving & Related (7.2%) Education, Training & Library Occupations (5.9%)
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
David & Erika Rendino INCOME PROPERTY SPECIALISTS DRE#01252035 | 01465104
DIRECT: 707.696.3742 ESPAÑOL: 707.318.1851 EMAIL: DRENDINO@MAC.COM
SonomaCountyIncomePropertyReport.com
Each office independently owned and operated. The information contained herein has been obtained through sources deemed reliable by RE/MAX Marketplace, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.