Park Meadows Apts - 61 Unit 8 Bld Property 7425 Camino Colegio 61 Unit Apartment Building $21,073,862 CAD ($345,473 CAD/Unit) 5.96% Cap Rate Rohnert Park, CA 94928

7425 Camino Colegio is a beautifully maintained 61 unit multi family property in Rohnert Park California. This multifamily asset represents a mid-scale investment opportunity perfectly positioned for long-term growth near Sonoma State University. The property features a diverse and highly marketable unit mix consisting of 2 three bedroom/one and a half bath apartments, 15 two bedroom/one and a half bath apartments, 32 two bedroom/one bath apartments, and 12 one bedroom/one bath apartments. The units have been updated to varying degrees. Most units are equipped with dishwashers, formica or quartz countertops, and private outdoor spaces including decks, balconies, or patios. Investor value is significantly enhanced by recent capital improvements to the south side buildings, which boast brand-new siding, decks, sliding glass doors, and fresh exterior paint. Situated on a sprawling lot with lush, irrigated landscaping, the complex offers 122 off-street parking spaces, including 28 carports, 34 awning-covered spots, and 60 uncovered surface spaces. There are 8 total buildings serviced by two card-operated laundry facilities. With individual water heaters, forced-air heat, and units separately metered for gas and electricity, the property's efficient utility structure and modernized exterior make it a standout acquisition in an excellent Rohnert Park location.