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355 Boyes Blvd
Sonoma, CA 95476
Redwood Manor Apartments · Multifamily Property For Sale
·
8 Units
EXECUTIVE SUMMARY
CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 355 Boyes Boulevard, Redwood Manor Apartment, 8 2 bed 1 bath units in Sonoma. Redwood Manor has also been given significant recent capital improvements, easing new ownership’s need for more expenses.
NDA required to be signed by all interested purchasers before marketing materials can be made available. Redwood Manor is Property 5 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio).
The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team
NDA required to be signed by all interested purchasers before marketing materials can be made available. Redwood Manor is Property 5 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio).
The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team
PROPERTY FACTS
| Price Per Unit | $309,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 5.27% | Building Size | 7,748 SF |
| No. Units | 8 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1973 |
| Apartment Style | Low-Rise | Parking Ratio | 1.16/1,000 SF |
| Zoning | R26UA, Sonoma | ||
| Price Per Unit | $309,375 |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 7,748 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | R26UA, Sonoma |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | 919 |
PROPERTY TAXES
| Parcel Number | 052-191-004 | Improvements Assessment | $1,576,725 |
| Land Assessment | $1,061,208 | Total Assessment | $2,637,933 |
PROPERTY TAXES
Parcel Number
052-191-004
Land Assessment
$1,061,208
Improvements Assessment
$1,576,725
Total Assessment
$2,637,933
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