7416 Bridgit Dr, Rohnert Park, CA 94928

$8,550,000
19,383
SqFt

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List Price
$8,550,000
Status
ACTIVE
Days on Market
35
MLS#
326054445
Subtype
Residential Income
Year Built
1968
Living Area
19,383
Lot Size
46,609
Acres
1.07
Neighborhood
Cotati/Rohnert Park
MLS Area Major
Cotati/Rohnert Park

Property Description

The Grove Apartment Homes is a stabilized 38-unit garden-style multifamily community located in southeast Rohnert Park, California. It is situated on four contiguous parcels totaling 1.07 acres and consists of four two-story residential buildings and one on-site laundry facility. The property offers a swimming pool, grassy picnic area, and mature landscaping. Thirty-five of 38 units have one-bedroom floor plans. There is also one studio, a two-bedroom unit, and a large three-bedroom unit. The property has received significant improvements in recent years with 37 of 38 units being remodeled, new balcony railings, new exterior paint, new BBQ area, and more. The location is great for tenants due to the proximity to retail, schools, parks, and transportation. This is an ideal investment opportunity for buyers seeking stable, long term cashflow.

Additional Information

Heating
Baseboard
Air Conditioning
Ceiling Fan(s)
Parking Features
Off Street, Uncovered

Listing courtesy of John W Garrett from Marcus & Millichap Real Estate Investment Services, Inc.

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