Sonoma Ridge at Bennett Valley/Santa Rosa, CA

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Under Contract

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Multifamily

Santa Rosa, CA

180 Units

Built in 1974

Value Add

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.