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Cory Cadle

corycadle7@gmail.com +1(707) 303-5938

Listed by Peter Colbert Compass

$8,500,000

Est. payment - /mo

1,334 SqFt

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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,334 sqft

Price per Sqft $6,371

MLS Listing ID 326077422

HOA Y/N No

Year Built 1988

Lot Size 84.000 Acres

Acres 84.0

Property Sub-Type 5 or More Units

Property Description

With over $400,000+ in annual gross tenant income and 84 acres just minutes from downtown Cloverdale, 695 West Cherry Creek Road is currently home to an established residential community with nine residences-five large multi-unit homes and four one-bedroom cabins. A 3,500-square-foot event and community center with a commercial kitchen anchors the shared amenities, along with a swimming pool, additional support buildings, city water, solar, and extensive infrastructure already in place. Open land, wooded areas, and expansive views extend throughout the acreage, creating a tranquil setting for the existing residential use. For an investor or operator, the property brings together substantial current income, significant land, multiple residences, and an incredible opportunity to add buildings and income, connect to city sewer, and develop endless other improvements. Come see what's possible

Location

State CA

County Sonoma

Area Cloverdale

Rooms

Basement None

Interior

Heating Fireplace(s), Wood Stove

Cooling Ceiling Fan(s)

Flooring Carpet, Linoleum, Tile, Wood

Appliance Gas Water Heater

Laundry Coin Operated, In Unit

Exterior

Utilities Available Cable Available, City, DSL Available, Electricity Connected, Internet Available, Natural Gas Connected

Waterfront Description Public,Well

View Canyon, City, Forest, Hills, Mountain(s), Pasture, Trees/Woods

Roof Type Composition

Accessibility Accessible Approach with Ramp, Accessible Doors, Accessible Full Bath, Grip-Accessible Features, Lowered Switch(s), Parking

Porch Balcony/Deck, Covered Patio, Enclosed Patio

Total Parking Spaces 50

Private Pool No

Building

Lot Description Curbs/Gutters, Private, Other

Foundation Concrete Perimeter, Slab

Sewer Septic Connected

Water Public, Well

Others

Tax ID 115230008000

Security Features Security Gate,Security Lights

Special Listing Condition Offer As Is

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Cory Cadle

+1(707) 303-5938

Real Estate Advisor License ID: 01986329

695 Cherry Creek RD Cloverdale, CA 95425

Cory Cadle

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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