Navigate Real Estate is pleased to confidentially present to a very select group of qualified investors the opportunity to acquire The Palms Apartments, a 60-unit apartment community located at 128-170 Santa Alicia Drive in Rohnert Park, California.
Rohnert Park is a pleasant, well-planned city located in Sonoma county just south of Santa Rosa and north of Petaluma.
The property consists of 50 one-bedroom, one-bath units, 7 two-bedroom, two-bath units, and 3 studios. The property features large balconies and patios, covered parking, and convenient outdoor storage. The apartments also include individual hot water heaters, ample storage, and walk-in closets. The modern kitchens and bathrooms have been updated with wood laminate flooring. Concrete has been recently repaired, and new gutters and downspouts have been installed.
| No. Units | 60 | Building Size | 40,530 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1977/2017 |
| Building Class | C | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 2.63 AC
|
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 0+1 | 1 | $1,512 | 540 |
| 1+1 | 52 | $1,594 | 610 |
| 2+1 | 7 | $1,960 | 810 – 820 |
Listing Agent
As a result, the majority of my existing sales are generated through previous clients and referral business. Ultimately, I aspire to achieve my client’s goals while keeping them informed and making the process as stress-free as possible. In addition to selling real estate, I am actively involved in numerous philanthropic efforts throughout the area, including hospitals, parks and schools and always give back through our relationships DENISE KILKER REAL ESTATE personalizes its services for each client, providing marketing programs for sellers, and information support for buyers. Our Teams mission statement — “To provide the highest level of service with integrity to its clientele” — and our motto — “Every Property Has A Story”— Let Us Tell Yours.
