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Multifamily

Azure Apartment Homes

Petaluma, CA

147 Units

Built in 2007

Core Plus

Investment Highlights

  • VALUE-ADD AND LOSS-TO-LEASE UPSIDE Originally built as for-sale condominiums in 2007, Azure Apartment Homes represents an ideal core plus value-add opportunity while also offering loss-to-lease upside
  • CONDOMINIUM QUALITY CONSTRUCTION WITH ATTRACTIVE UNIT MIX Azure Apartment Homes provides a thoughtfully designed and diverse unit mix consisting of one, two, and three-bedroom floor plans.
  • ROBUST MARKET FUNDAMENTALS Petaluma boasts an average household income of $144,482 and a median home price of $911,605.

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