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400 Earle St 8 Unit Apartment Building $1,250,000 ($156,250/Unit) 4.20% Cap Rate Santa Rosa, CA 95404
EXECUTIVE SUMMARY
W Commercial is pleased to present 400 Earle St. for sale—an eight-unit, garden-style apartment building with private covered parking. Rents are capped at LowHOME levels by the Sonoma County Housing Authority. The offering includes $525,000 in assumable debt at a fixed 3% rate for qualified low-income housing buyers. This is a rare chance to acquire a stabilized multifamily asset with meaningful upside potential.
PROPERTY FACTS
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $156,250 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 7,054 SF |
| Cap Rate | 4.20% | Average Occupancy | 75% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1996 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3B6, Santa Rosa - Residential District | ||
| Price | $1,250,000 |
| Price Per Unit | $156,250 |
| Sale Type | Investment |
| Cap Rate | 4.20% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 7,054 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | R3B6, Santa Rosa - Residential District |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 600 |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 010-235-008 | Improvements Assessment | $0 |
| Land Assessment | $125,997 | Total Assessment | $125,997 |
PROPERTY TAXES
Parcel Number
010-235-008
Land Assessment
$125,997
Improvements Assessment
$0
Total Assessment
$125,997
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400 Earle St
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