3-Unit Multi-Tenant Investment Property 138 Lincoln Street, Santa Rosa, CA West End District / Railroad Square

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Norman Simpson
5 years ago
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Nicely Refurbished SALE PRICE $1,059,000 Vicinity Map Dino D Argenzio, Partner Erlina Othman, Agent 1355 N Dutton Ave.

1 FEATURES Well Maintained Three (3) Units Comprised of Duplex plus one Free Standing 2 Story Unit On-site Parking & Private Yards Highly Desirable Historic Railroad Square/West End District Charming Area within Walking Distance to Bus Service, Hotels and many Fine Restaurants Nicely Refurbished SALE PRICE $1,059,000 Vicinity Map Dino D Argenzio, Partner Erlina Othman, Agent 1355 N Dutton Ave., Santa Rosa, CA (707) Cell: (707) Fax: (707) Lic #s: , DArgenzio@keegancoppin.com, erlina.othman@keegancoppin.com

Mo/Mo $1,650 $1,650 138 (B) 1/1 2 Elect/Trash 375± (M) 6/18 $1,650

2 APARTMENT PROPERTY UNIT BR/BA OCCUPANTS UTILITIES PAID BY TENANT AREA SF TERM/ SINCE MO RENT SECURITY DEPOSIT 138 (A) 1/1 2 Elect/Trash 375± Mo/Mo $1,650 $1, (B) 1/1 2 Elect/Trash 375± (M) 6/18 $1,650 $1, (C) 2/1 2 Gas/Elect/Trash 880± Mo/Mo $1,790 $1,790 Total $5,090

PROPERTY ADDRESS 138 Lincoln Street, Santa Rosa, CA LOT SIZE AND ZONING: A.P. 010-123-009 4,100± sf SALE PRICE $1,059,000 GROSS MULTIPLIER 17.

3% DESCRIPTION OF PREMISES - FEATURES Well maintained units in desirable West End

3 PROPERTY ADDRESS 138 Lincoln Street, Santa Rosa, CA LOT SIZE AND ZONING: A.P ,100± sf SALE PRICE $1,059,000 GROSS MULTIPLIER 17.3 NUMBER OF UNITS 3 Total PRICE PER UNIT $353,000/unit CAP RATE 4.3% DESCRIPTION OF PREMISES - FEATURES Well maintained units in desirable West End neighborhood. Duplex plus one free standing unit in good area.

7 138 LINCOLN STREET, SANTA ROSA, CA APARTMENT PROPERTY 138 LINCOLN STREET, SANTA ROSA, CA APARTMENT PROPERTY Quantity Bedrooms/ Baths Income and Expense Summary Utilities Paid By Tenant Area Square Feet Term/ Since Monthly Rent Security Deposit Contact: Dino D Argenzio or Erlina Othman Price: $1,059, N. Dutton Avenue #100 Santa Rosa, CA Gross Multiplier: 17.3 (707) or (707) (A) 1/1 PG&E/Trash 375± mo/mo $1, $1, (B) 1/1 PG&E/Trash 375± (m)6/12 $1, $1, (C) 2/1 PG&E/Trash 880± mo/mo $1, $1, TOTAL (PER MONTH): $5, Total Annual Scheduled Gross Income 12 x = $61, Add laundry and other income $N/A Total Annual Adjusted Gross Income: $61, Expenses: Taxes (new/updated) $11,500.00/year Insurance $1,200.00/year Gas/Electric $TENANTS cost Water $1, Garbage $TENANTS cost Supplies $ - Landscaping $ Cleaning & Repair $ - Replacement Reserve $ On-Site & Property Management $N/A Advertising $ - Legal $ - Total Annual Projected Operating Expenses: ($15,520.00) Estimated Net Operating Income (Proforma): $45,560.00/year/NNN Property Address: 138 Lincoln Street, Santa Rosa, CA Number of Units: Three (3) Lot Size and Zoning: A.P Price Per Unit: $353,000/Unit 4,100± sft Parcel Description and Remarks: Well maintained units in desirable West Cap Rate: 4.3% End neighborhood; duplex plus one 2-story freestanding unit in desirable West End District. Total Annual Adjusted Gross Income: $61, (see detail, back page) Total Annual Projected Operating Expenses: ($15,520.00) (see detail, back page) Total Annual Net Operating Income: $45, Financing: Cash Flow- projected: Proforma Lender: TBD Principal: $700, Interest/Due Date: 4.70% Annual Debt Service: $43, ( P & I) $45, before debt

Retail Income Property with Mixed-Use Development Potential for Sale 1250 Mendocino Avenue, Santa Rosa, CA

Retail Income Property with Mixed-Use Development Potential for Sale 1250 Mendocino Avenue, Santa Rosa, CA FEATURES 0.97 Acre Parcel with an 8,850± sf Income Producing Tenant, plus Multi-Residential Development Potential on Excess Land 8,850± sf Freestanding Retail Building (former grocery store) High Traffic