$8,550,000

The Grove Apartment Homes is a stabilized 38-unit garden-style multifamily community located in southeast Rohnert Park, California. It is situated on four contiguous parcels totaling 1.07 acres and consists of four two-story residential buildings and one on-site laundry facility. The property offers a swimming pool, grassy picnic area, and mature landscaping. Thirty-five of 38 units have one-bedroom floor plans. There is also one studio, a two-bedroom unit, and a large three-bedroom unit. The property has received significant improvements in recent years with 37 of 38 units being remodeled, new balcony railings, new exterior paint, new BBQ area, and more. The location is great for tenants due to the proximity to retail, schools, parks, and transportation. This is an ideal investment opportunity for buyers seeking stable, long term cashflow.