Cotati, CA 94931,7034 Santero WAY #7060
Cotati, CA 94931,7034 Santero WAY #7060
Cotati, CA 94931,7034 Santero WAY #7060
Cotati, CA 94931,7034 Santero WAY #7060
Cotati, CA 94931,7034 Santero WAY #7060
Cotati, CA 94931,7034 Santero WAY #7060
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Listed by John W Garrett • Marcus & Millichap Real Estate Investment Services, Inc.
$ 5,100,000
Est. payment | /mo

1,100 Beds

3 Baths


Save
$ 5,100,000
Est. payment | /mo
Save

1,100 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 325025615

Bedrooms 1100

HOA Y/N No

Year Built 2006

Property Sub-Type 5 or More Units

Property Description

Santero Lofts is a boutique, luxury multifamily property offering modern loft living in the heart of Sonoma County. Fully occupied as rental units, and in immaculate condition, Santero Lofts is an exceptionally rare investment asset in the North Bay market due to it's size, quality, and flexibility of exit options. The 14 lofts are individually mapped as condominiums and could be sold individually at a substantial premium above the bulk purchase price, offering an appealing exit option for flip investors. For buy and hold investors, there is significant upside to realize by moving rents to market rates. Built in 2006, the lofts offer unparalleled finishes in the local rental market. 19 foot ceilings soar over polished concrete floors, while oversized windows flood the lofts with natural light. Large walk-in closets and massive jacuzzi-style tubs complement the sleeping area in each unit. The kitchens are fully equipped and have stunning cabinetry and granite countertops. Immediately adjacent to the buildings is a beautiful HOA managed park for tenant enjoyment - six of the lofts open up directly to the park providing tenants the best of indoor/outdoor living. Rarely do you find such a high quality investment property at this scale and with such prolific upside.

Location

State CA

County Sonoma

Area Cotati/Rohnert Park

Interior

Heating Central

Cooling Ceiling Fan(s)

Exterior

Parking Features Off Street, Uncovered

Garage Spaces 27.0

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

Bay Area Real Estate Info Services (BAREIS)

GET MORE INFORMATION

agent
Milli Cannata

Broker Associate | Lic# DRE# 01990936

+1(707) 477-7839

6790 McKinley Street # 120, Sebastopol, CA, 95472

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7034 Santero WAY #7060