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Quail Hollow Apartments 20230 Grouse Way 252 Unit Apartment Building $28,500,000 ($113,095/Unit) 5.71% Cap Rate Sonora, CA 95370

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EXECUTIVE SUMMARY

Prime Commercial, Inc. is pleased to offer Quail Hollow One Apartments for sale in Sonora, California. Located approximately one mile east of downtown Sonora against the picturesque foothills, this unique townhome style community with 58 buildings totaling 252 Units provides the region with a large portion of the residential rental stock. Quail Hollow One was developed in 1985 by the current owners and now provides a new owner with the opportunity of a stable cash flow in a desirable location near employment centers, freeways, schools, and retail shopping centers.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $28,500,000
Price Per Unit $113,095
Sale Type Investment
Cap Rate 5.71%
No. Units 252
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 16.40 AC
Building Size 245,732 SF
No. Stories 2
Year Built 1986
Opportunity Zone Yes
Zoning R-3:MX - Residential development

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Heating
  • Tile Floors
  • Vaulted Ceiling
  • Refrigerator
  • Satellite TV
  • Oven
  • Range
  • Patio
  • Smoke Free
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Playground
  • Spa
  • Pet Play Area

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 83 - 572 - 630
2+1 109 - 727 - 795
2+2 60 - 875

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 044-470-010-000
  • 044-470-007-000
  • 044-470-001-000
  • 044-470-009-000
Land Assessment
$1,939,725
Improvements Assessment
$13,838,238
Total Assessment
$15,777,963
  • Listing ID: 35923241

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 20230 Grouse Way, Sonora, CA 95370

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