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6500 Country Club Dr
Rohnert Park, CA 94928
Citadel Apartments · Multifamily Property For Sale
·
22 Units
PROPERTY FACTS
| No. Units | 22 | Building Size | 19,558 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1976/2018 |
| Building Class | B | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 1.14 AC | ||
| Zoning | R-M, Rohnert Park | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.14 AC |
| Building Size | 19,558 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2018 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | R-M, Rohnert Park |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Deck
- Double Pane Windows
- Patio
SITE AMENITIES
- Fitness Center
- Pool
- Property Manager on Site
- Grill
ABOUT 6500 COUNTRY CLUB DR , ROHNERT PARK, CA 94928
Citadel Apartments is among the best located and best maintained properties on Rohnert Park Expressway, the main East-West thoroughfare in Rohnert Park. The property is steps from the planned redevelopment of downtown Rohnert Park and provides proximity to the US-101. The property offers 22 two-bedroom units, all sitting in a quaint tree-lined parcel that is almost an acre in size. The community offers tenants use of a sparkling swimming pool, a separate fitness center and 22 garages within four additional structures. All units at the property have been fully renovated and feature washer/dryers within. Each unit has a deck or fenced patio as well as its own water heater. The community also boasts an outdoor kitchen / BBQ and fire pit. The city of Rohnert Park boasts numerous retail and local attractions including: Foxtail Golf Club, Graton Resort & Casino, Safeway, Raley’s, Costco, Target, Walmart and Home Depot. Additionally, the property is walking distance from the local SMART Train stop – connecting residents to the greater Bay Area. The downtown area is in the midst of a massive redevelopment and revitalization. Several large developments are close to breaking ground or already underway and are expected to generate significant interest, locally and beyond. THE PROPERTY IS OFFERED FREE AND CLEAR OF EXISTING FINANCING AT $7,750,000 Current Cap Rate: 4.7% Market Cap Rate: 5.4% Day-One Cash-on-Cash: 6.0%
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 22 | - | 874 |
PROPERTY TAXES
| Parcel Number | 143-470-033 | Improvements Assessment | $5,028,800 |
| Land Assessment | $2,000,000 | Total Assessment | $7,028,800 |
PROPERTY TAXES
