The French Quarter 170 1st St E 7 Unit Apartment Building $2,300,000 ($328,571/Unit) 4.87% Cap Rate Sonoma, CA 95476

*** Bankruptcy sale - NDA required to be signed by all interested purchasers before marketing materials can be made available. Please contact John Garrett or Jon Holmquist to receive copy of NDA. ***
The French Quarter is a well-maintained 7-unit apartment complex in an irreplaceable location just blocks from Sonoma Plaza. Built circa 1985, the property consists of two
buildings with a diverse unit mix, including three 2-Bed/2.5-Bath townhomes, one 2-Bed/2-Bath apartment, and three 1-Bed/1-Bath apartments. Each unit features a private
patio or deck, with recently rebuilt decks and staircases, adding long-term structural value. Residents enjoy modern amenities, including forced air HVAC, in-unit laundry
hookups, dishwashers, disposals, and individual water heaters.
The complex boasts mature landscaping, pitched cement tile roofs, and covered parking spaces with private storage. The property is adjacent to recreational facilities and open space, providing a peaceful residential feel while remaining just steps from Sonoma’s top shopping, dining, and entertainment options.
With strong in-place cash flow and upside potential, the French Quarter presents an excellent investment opportunity in one of California’s most sought-after rental markets. The combination of well-maintained buildings, recent capital improvements, and a high-demand location makes this a rare acquisition opportunity for investors looking to add a stable, appreciating asset to their portfolio.