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2371 Corby Ave
Santa Rosa, CA 95407
Continental Apartments · Multifamily Property For Sale · 20 Units

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.24 AC
Building Size 20,875 SF
No. Stories 2
Year Built 1985
Parking Ratio 1.34/1,000 SF
Zoning R315UA, County

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Heating
  • Kitchen
  • Patio

Site Amenities

  • Courtyard
  • Laundry Facilities

About 2371 CORBY AVE , SANTA ROSA, CA 95407

SHOWING: Call to Schedule The Continental Apartments is a 20 unit apartment community located in the Santa Rosa California. Situated on a level 54,695 square foot site, the property consists of 2 two-story buildings, a large central landscaped lawn area and two carport structures. This offering includes an outstanding unit mix (15 -3/1 & 5 - 2/1) and low maintenance style property with individual hot water heaters and no swimming pool. The starting 5% cap rate and stabilized return outpace other available property offerings and recent sales. Constructed in approximately 1985 with wood siding, perimeter concrete foundations and pitched composition shingle roofs.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - 950
3+1 15 - 1,075

Property Taxes

Property Taxes

Parcel Number
043-053-055
Land Assessment
$1,394,398
Improvements Assessment
$2,944,439
Total Assessment
$4,338,837
  • Listing ID: 12398273

  • Date on Market: 4/27/2018

  • Last Updated:

  • Address: 2371 Corby Ave, Santa Rosa, CA 95407

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