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Sonoma Park Apartments is a 28-unit apartment complex located in Rohnert Park, CA. Highlighted by a strong unit mix of 28 two-bedroom units, this property is comprised of three separate buildings with carports and an on-site laundry room. All units feature either a deck or fenced patio, individual water heaters, forced air heating and most of the units have air conditioning. Sonoma Park Apartments offers a new investor the opportunity to complete a comprehensive renovation of all unit interiors and common areas to greatly increase obtainable rents. The implementation of RUBS utility re-billing to recapture a portion of the utility costs associated with the property would further increase the value of the property overall. With very limited apartment inventory in the area and immediate barriers to entry, this property is positioned to sustain future rent growth shielded from the threat of new competition.
Data last updated: October 21st, 2019 at 12:02am PDT and updating occurs quarter-hourly
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