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16914 Sonoma Hwy
Agua Caliente, CA 95476
Oaktree Apartments · Multifamily Property For Sale
·
18 Units
EXECUTIVE SUMMARY
CBRE. as exclusive listing agent, is pleased to present the opportunity to purchase 16914 Sonoma Highway, The Oak Tree Apartments, 18 2 bed 1 bath units in Sonoma. Oak Tree apartments have undergone over $130,000 in recent capital improvements adding to the opportunity to take advantage of prior ownership’s work.
NDA required to be signed by all interested purchasers before marketing materials can be made available. Oaktree Apartments is Property 13 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio).
The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team
NDA required to be signed by all interested purchasers before marketing materials can be made available. Oaktree Apartments is Property 13 of 14 in the “North Bay Portfolio”. CBRE, as exclusive advisor, is pleased to present the opportunity to acquire The North Bay Portfolio, a curated collection of 14 multifamily communities totaling 203 apartment units located in Marin and Sonoma Counties, CA (the Portfolio).
The North Bay Portfolio is available as a full 14 asset portfolio, sub-pools (contact CBRE for sub-pool placement) or individual asset sales. All property tours must be coordinated through CBRE listing team
PROPERTY FACTS
| Price Per Unit | $428,191 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.01 AC |
| Cap Rate | 5.28% | Building Size | 11,624 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 2.83/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R3, Sonoma County | ||
| Price Per Unit | $428,191 CAD |
| Sale Type | Investment |
| Cap Rate | 5.28% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.01 AC |
| Building Size | 11,624 SF |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 2.83/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3, Sonoma County |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 18 | - | 750 |
PROPERTY TAXES
| Parcel Number | 056-081-059 | Improvements Assessment | $5,788,365 CAD |
| Land Assessment | $2,962,723 CAD | Total Assessment | $8,751,088 CAD |
PROPERTY TAXES
Parcel Number
056-081-059
Land Assessment
$2,962,723 CAD
Improvements Assessment
$5,788,365 CAD
Total Assessment
$8,751,088 CAD
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