The Schlegel Group

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923 Ripley StreetSanta Rosa, CA 95401Price: $2,550,000

  • Price: $2,550,000
  • Est. Mortgage of $/month
  • 8 Days on Market
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Federal 30-year interest rate: 6.99% last updated on Jun 6, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,550,000List Price
  • 0.3Acreage
  • 5,996Square Feet
Listed by Steven Level of Berkshire Hathaway

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Turn-key apartment complex in the Northern Bay Area generating exceptional cash flow from the strong in place rents. With seven units in total, the Trellis Apartments feature a unique and highly desirable unit mix of two 3-bedroom, 2-bath houses and five 2-bedroom, 1-bath townhouse-style units. All units have full interior remodels including updated kitchens, bathrooms, flooring and fixtures. Each unit features in-unit laundry, central heat and AC, fenced yards or patios, dual-pane windows throughout, individual water heaters, and separate meters for gas and electric. All the remodels and upgrades were completed within the last 5 years and the property has been very well maintained. The Trellis Apartments are located just minutes away from the various shopping, amenities and public transportation options available in Downtown Santa Rosa. With easy access to Hwy-101, the property is located approximately 50 miles north of San Francisco, 30 miles west of Sonoma and 20 miles east of Bodega Bay. With fully remodeled interiors and an updated exterior, the Trellis Apartments provides an excellent investment opportunity for a fully stabilized asset with historically low vacancy in desirable Sonoma County.

Property Details of 923 Ripley Street

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Based on information submitted to CA_BAREIS as of June 12, 2024 3:22 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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