7359 Boris Court

Rohnert Park, CA 94928 / B1100, SONOMA COUNTY

Map View
$7,600,000
MAP HERE
Parking
Carports, Off Street, On Street
Type
5+ Unit
Year Built
1973
New Construction
Resale
Sq. Ft.
21,728
MLS#
21924931
Trans Type
Sale
Status
Active
On Market Date
09/23/2019
Building
2 Story,Apartments,Garden Apts

Sonoma Park Apartments is a 28-unit apartment complex located in Rohnert Park, CA. Highlighted by a strong unit mix of 28 two-bedroom units, this property is comprised of three separate buildings with carports and an on-site laundry room. All units feature either a deck or fenced patio, individual water heaters, forced air heating and most of the units have air conditioning. Sonoma Park Apartments offers a new investor the opportunity to complete a comprehensive renovation of all unit interiors and common areas to greatly increase obtainable rents. The implementation of RUBS utility re-billing to recapture a portion of the utility costs associated with the property would further increase the value of the property overall. With very limited apartment inventory in the area and immediate barriers to entry, this property is positioned to sustain future rent growth shielded from the threat of new competition.

SQFT
21728.00