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Cory Cadle

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

Listed by Jaime Gutierrez Artisan Sotheby's Int'l Realty

$51,000,000

Est. payment - /mo

114,663 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 114,663 sqft

Price per Sqft $444

MLS Listing ID 326082137

HOA Y/N No

Year Built 2007

Lot Size 3.300 Acres

Acres 3.3

Property Sub-Type Multi Family

Property Description

Park Lane Villas East is a 2007 mixed-use community comprising nine three story buildings on approximately 3.3 acres in southwest Santa Rosa, the economic center of Sonoma County. The Property includes 100 residential apartments and a ground floor commercial component. Its residences span approximately 114,663 square feet across seven floor plans, ranging from two-bedroom flats to three-bedroom, two-and-a-half-bath townhome style homes. Averaging approximately 1,024 square feet, the apartments feature in-unit laundry and private outdoor space. Developed as a condominium project alongside Park Lane Villas West, 960 Doubles Dr has operated as a rental community since completion, while the West residences were sold individually. The result is a distinctive investment offering an established multifamily asset with commercial income, potential rent growth as leases turn over, and a condominium ownership structure that may provide future disposition flexibility, subject to legal and market review.

Location

State CA

County Sonoma

Area Santa Rosa-Southwest

Rooms

Basement None

Interior

Interior Features Elevator, Storage, Vaulted Ceiling(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Laundry In Unit

Exterior

Carport Spaces 105

Waterfront Description Public

Roof Type Composition,Shingle

Total Parking Spaces 205

Private Pool No

Building

Lot Description Corner Lot, Curbs/Gutters, Landscape Front, Shape Regular, Sidewalk

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Schools

School District Sonoma, Elementary: Santa Rosa Elementary, Middle/Junior: Santa Rosa Elementary, High: Santa Rosa City Schools

Others

Tax ID 035880008000

Special Listing Condition Offer As Is

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Cory Cadle

+1(707) 303-5938

Real Estate Advisor License ID: 01986329

960 Doubles DR Santa Rosa, CA 95407

Cory Cadle

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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