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623 Aston Ave 10 Unit Apartment Building $1,900,000 ($190,000/Unit) 6.38% Cap Rate Santa Rosa, CA 95404
Executive Summary
W Commercial is excited to present 623 Aston Ave for sale—a 10-unit apartment building with private parking. Rents are capped at Low HOME/Very Low HOME levels by the Sonoma County Housing Authority. The offering includes $911,000+ in assumable debt at a fixed 3% rate for qualified buyers. This is a rare chance to acquire a stabilized multifamily asset with substantial upside potential.
Property Facts
| Price | $1,900,000 | Building Class | C |
| Price Per Unit | $190,000 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 13,868 SF |
| Cap Rate | 6.38% | Average Occupancy | 90% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2004 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | PD - Planned Development | ||
| Price | $1,900,000 |
| Price Per Unit | $190,000 |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 13,868 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 2004 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | PD - Planned Development |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 3 | - | - |
| 3+2 | 5 | - | - |
| 4+2 | 2 | - | - |
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 038-171-019 | Improvements Assessment | $2,630,420 |
| Land Assessment | $460,675 | Total Assessment | $3,091,095 |
Property Taxes
Parcel Number
038-171-019
Land Assessment
$460,675
Improvements Assessment
$2,630,420
Total Assessment
$3,091,095
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623 Aston Ave
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