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Multifamily
Sonoma Ridge at Bennett Valley
Santa Rosa, CA
180 Units
Built in 1974
Value Add
Investment Highlights
- SIGNIFICANT VALUE-ADD AND LOSS-TO-LEASE UPSIDE Approximately 73% of the units have received a modest interior upgrade, allowing for significant rental upside through continued renovations.
- ACCESS TO MAJOR EMPLOYMENT CENTERS Sonoma Ridge at Bennett Valley is ideally proximate to major Bay Area employment centers including the nearby Downtown Santa Rosa (3.5 miles).
- SUBURBAN MARKET WITH GREATER AFFORDABILITY= HIGH-QUALITY LIFESTYLE Apartment rents in Santa Rosa are currently at a significant discount compared to high-density rental markets to the south.