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Windsor Place Apartments

Windsor_8635 Old Redwood Highway_F_Package_CT.indd

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Multi-Family Investments<strong>Windsor</strong> <strong>Place</strong>, <strong>Windsor</strong> CAProperty HighlightsLocated a short walk to <strong>Windsor</strong> Town Green, the <strong>Windsor</strong> Park <strong>Apartments</strong> offeran excellent unit mix and equally excellent value. The Town of Winsor is a familyorientedcommunity with an exceptional quality of life. <strong>Windsor</strong> offers a widevariety of services and recreational opportunities, well-planned business areas anda historical downtown. The town is situated 64 miles north of San Francisco inthe heart of Sonoma County Wine Country, just ten miles northeast of Santa Rosa.Property combines eight two bedroom, one bath units in two 2-story apartmentbuildings and a charming single family home on a large 0.57 acre parcel. Thecomplex is located in a residential area just a ten minute walk to the popular<strong>Windsor</strong> Town Green and is ideally suited for families.Constructed in the 70’s, the property features wood siding, perimeter concretefoundation and pitched concrete tile roof. Units are spacious, approximately 808sq. ft. with patios or balconies, electric kitchens and baseboard electric heat. Theproperty provides water, sewer and trash.Investment SummaryPriced at $1,285,000 or 10.19 times current income. The astutue investorwill start with 7.95% cash on cash return, and add value by moving 6 out of 8units to market and by renovating the single family home an dincreasing rentby $500 per month. There by increasing the cash flow to 10.5%.Northern California’s Source for Apartment Brokerage ServicesThe information set forth herein has been received by us from sources webelieve to be reliable. We do not warrant its accuracy or completeness.

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