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Listed price in listed location currency (USD).
$51,000,000

00205

MLS® 326082137

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 105082 sqft
Garage 
Taxes 
Days Active 0
Lot Size 3.3 Acres
Approx. Age 2007
Avg. Price Per Sqft $485
MLS® Number 326082137

Property Address: 960 Doubles Drive, Santa Rosa, CA, 95407

Average square foot calculated using Size range provided by listing agent.

Description

Park Lane Villas East is a 2007 mixed-use community comprising nine three story buildings on approximately 3.3 acres in southwest Santa Rosa, the economic center of Sonoma County. The Property includes 100 residential apartments and a ground floor commercial component. Its residences span approximately 102, 367 square feet across seven floor plans, ranging from two-bedroom flats to three-bedroom, two-and-a-half-bath townhome style homes. Averaging approximately 1, 024 square feet, the apartments feature in-unit laundry and private outdoor space. Developed as a condominium project alongside Park Lane Villas West, 960 Doubles Dr has operated as a rental community since completion, while the West residences were sold individually. The result is a distinctive investment offering an established multifamily asset with commercial income, potential rent growth as leases turn over, and a condominium ownership structure that may provide future disposition flexibility, subject to legal and market review.
MLS® Number326082137
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2007
Basement
DrivewayCarport, Covered, Guest Parking Available, Street, Uncovered
Garage Spaces
HeatCentral
A/CCeiling Fan(s), Central, Varies by Unit

Extras

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