475 S E Street, Santa Rosa, CA 95404

Upgraded 16-unit apartment complex located near the desirable downtown area of Santa Rosa. The building is comprised of five (5) 2-bedroom, 1.5-bath units, three (3) 2-bedroom, 1-bath units, five (5) 1-bedroom, 1-bath units and three (3) studio units. The spacious floor plans include atriums or large balconies in each unit providing a pleasant living environment for all tenants. The well-designed units and secured indoor hallways have contributed to the historically low vacancy rate for this building. The building has been consistently maintained with many upgrades under the current ownership. Ten (10) units have been fully remodeled, siding repair and exterior paint were completed in 2022, seismic retrofit of the tuck-under parking was completed in 2021 at a cost of $120k, the driveway was recently paved, and the roof is a premium Duralast'' roof that is designed for increased heating and cooling efficiency as well as low maintenance. Property amenities include covered parking spaces and an on-site laundry facility that generates additional income.