1620 Herbert St, Santa Rosa, CA by RE/MAX Marketplace

RESIDENTIAL INCOME PROPERTY AVAILABLE

32-UNIT APARTMENT COMPLEX IN SANTA ROSA

1620 Herbert St, Santa Rosa, CA 95401 SUMMARY Building Type: Garden Apartments Year Built: 1970 Units: 32 GBA: 30,424 SF Floors: 2

Land Land Area: 1.29 AC Zoning: R3, Santa Rosa Parcel: 012-440-030

Property Configuration 2 – 3 Bed/2 bath flats 8 – 2 Bed/2 bath flats 8 – 1 Bed/1 bath flats

8 – 2 Bed/1 bath flats 6 – 2 Bed/1.5 bath townhouses

Offered at $7,520,000

1620HerbertSt.com David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1620 Herbert St, Santa Rosa, CA 95401

32-UNIT APARTMENT COMPLEX

RE/MAX Marketplace is proud to present this turn-key investment opportunity in Santa Rosa. Rare offering for this 32-unit complex located in the heart one of the North Bay’s strongest rental markets. Fantastic location, just walking distance to Coddingtown Mall, Whole Foods and the new SMART Train Station. The property is composed of two 3 bed/2 bath flats; eight 2 bed/2 bath flats; eight 1 bed/1 bath flats; eight 2 bed/1 bath flats; and six 2 bed/1.5 bath townhouses. All units feature large, attractive floor-plans with balconies and/or patios. This unique unit mix was designed to accommodate long-term tenants. Amenities include a common coin operated laundry room and a centrally located community pool. The great unit mix, large floor-plans and ideal location provide a unique value-add opportunity and the potential to become a premium complex with the right upgrades. Properties of this quality and size are scarce in today’s market.

Offered at $7,520,000

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

David & Erika Rendino Direct Phone: (707) 696-3742 Derendino@gmail.com www.RendinosRealEstate.com

1620HerbertSt.com

755 Baywood Dr Ste 201 INCOME & EXPENSE Petaluma, CA 94954

Brokers Reconstructed Improvements Multi-Residential Location 1620 Herbert St City Santa Rosa State CA, 95401 Terms

Proposed Financing Loans Balance First $ 3,760,000 Second $ Total Expenses

Estimated Taxes Insurance Repairs Management Cleaning/maintenance Legal Supplies Utilities Fire Gardening Licenses/Permits Misc. Painting Pest control Plumbing and elec. Total Expenses Expense/Income

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

90,240.00 7,405.00 28,560.00 8,900.00 13,780.00 5,490.00 3,900.00 40,323.00 835.00 3,400.00 2,583.00 2,234.00 6,542.00 1,092.00 2,845.00 218,129.00 41%

Site and Building Description Lot Size 54,450 Building 30,424 Zone APT Year 1970 Construction Stories 2 Tenant Pays PG&E Roof Tar and gravel Personal Prop. n/a Assessments Land $ 1,225,071 Bldg $ 4,363,947 Total $ 5,601,818 %Land %Bldg A.P.N. 012-440-030

Each office independently owned and operated

Multiple Residential Unit Number Of Units 32 Gross Multiplier 14.27 Proj. G. R.M M 11.78 Cap Rate 4.0% Proj. Cap Rate 5.5%

Payment #/Yr Annual Interest $ 15,040 x12 $ 180,480 $ 4.8 $ - x12 $ x12 $ 180,480 Income Schedule Unit Type Bed 8 Apt 8 Apt 6 Townhome 8 Apt 2 Apt

Income/Month Income/Year

1 2 2 2 3

Annual Property Stat. Price $ 7,520,000 Down $ 3,760,000 New Loans $ 3,760,000 Equity n/a $/Ft

Due

Baths

1 1 1.5 2 2

Comments

Unit Rent Unit Total Mkt Rent Mrk Rent Total $1,005-1,250 $ 9,705 $ 1,400 $ 11,200 $1,325-1,475 $ 11,000 $ 1,600 $ 12,800 $1,350-1,375 $ 8,225 $ 1,700 $ 10,200 $1,265-1,500 $ 11,400 $ 1,800 $ 14,400 $1,600-1,985 $ 3,585 $ 2,300 $ 4,600

$ $

43,915 526,980

$ $

53,200 638,400

Analysis Actual Market Gross Rent $ 526,980 $ 638,400 Vacancy Factor $ (5,270) $ (6,384) Operating Income $ 521,710 $ 632,016 Expenses $ 218,129 $ 218,129 Net Income $ 303,581 $ 413,887 Loan Payments $ 180,480 $ 180,480 Pre-Tax Cash Flow $ 123,101 $ 233,407 Annual Depreciation $ (125,333) $ (125,333) Tax Loss $ (2,232) $ 108,074 Possible Tax Savings $ 951 $ (46,039) After-Tax Cash Flow 124,052 $ 187,368 Max Tax Braket (US+CA) 42.60% 42.60% Rate of Return (Cash Flow Only) 3.3% 5% Projected Annual Appreciation Rate of Return (Appreciation Only) 0.00% 0.00% Total Rate of Return 3.3% 5%

Remarks

**The above is a working document primarily based on past performance. Some estimates may be based on limited information. All income and expenses should be thoroughly verified by buyer during escrow. Expenses are based on seller's 2016 expenses, with taxes based on the proposed purchase price. Cap rate projections have been rounded to the highest whole number.

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

Property Summary Report 1620 Herbert St, Santa Rosa, CA 95401

El Prado Apartments - 1620 Herbert St

Santa Rosa, CA 95401 - Outer Santa Rosa MF Submarket

PROPERTY SUMMARY

BUILDING Type:

Garden Apartments

Year Built:

1970

Units:

GBA:

30,424 SF

Floors:

Rent Type:

Market

Market Segment: All LAND Land Area:

1.29 AC

Zoning:

R3, Santa Rosa

Parcel

012-440-030

EXPENSES PER UNIT $2,026.72 (2017)

Taxes: SITE AMENITIES Laundry Facilities, Pool UNIT AMENITIES Balcony, Dishwasher, Heating, Range, Refrigerator, Smoke Free BEDROOM SUMMARY Unit Mix Totals

Vacancy

Avg Asking Rent

Avg Effective Rent

Avg SF

Units

Mix %

Units

Percent

Per Unit

Per SF

Per Unit

Per SF

Concessions

All 1 Beds

25.0%

0.0%

$1,179

$1,173

0.5%

All 2 Beds

68.8%

4.6%

$1,464

$1,457

0.5%

All 3 Beds

6.3%

0.0%

$1,702

$1,694

0.5%

Totals

100%

3.1%

$1,408

$1,401

0.5%

UNIT BREAKDOWN Unit Mix

Vacancy

Avg Asking Rent

Avg Effective Rent

Bed

Bath

Avg SF

Units

Mix %

Units

Vac %

Per Unit

Per SF

Per Unit

Per SF

Concessions

25.0%

0.0%

$1,179

$1,173

0.5%

25.0%

0.0%

$1,441

$1,434

0.5%

1.5

18.8%

0.0%

$1,441

$1,434

0.5%

25.0%

0.0%

$1,506

$1,499

0.5%

6.3%

0.0%

$1,702

$1,694

0.5% Updated January 01, 2018

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com Copyrighted report licensed to Re/Max Marketplace - 797331.

1/5/2018

Page 1

Property Summary Report 1620HerbertSt.com Property Summary Report

El Prado Apartments - 1620REPORT Herbert St PROPERTY SUMMARY

Santa Rosa, CA 95401 - Outer Santa Rosa MF Submarket

El Prado Apartments - 1620 Herbert St

Santa Rosa, CA 95401 - Outer Santa Rosa MF Submarket COMMERCIAL LEASING Available Spaces: No Spaces Currently Available COMMERCIAL LEASING Available Spaces: No Spaces Currently Available FEES Application Fee $35 FEES Application Fee $35

PET POLICY Cats Allowed PET DogsPOLICY Allowed - Maximum Weight 25 lb Cats Allowed

Dogs Allowed - Maximum Weight 25 lb SALE Last Sale: Sold on May 26, 2004 for $4,575,000 ($142,969/Unit) at 6.95% Cap SALE Last Sale: Sold on May 26, 2004 for $4,575,000 ($142,969/Unit) at 6.95% Cap TRANSPORTATION Parking: 14 Surface Spaces are available; 32 Covered Spaces are available; 1.4 per Unit TRANSPORTATION Walk Score ®: Somewhat Walkable (69) Parking: 14 Surface Spaces are available; 32 Covered Spaces are available; 1.4 per Unit Transit Score ®: Some Transit (40) Somewhat Walkable (69) Walk Score ®: Transit Score ®: Some Transit (40) PROPERTY CONTACTS True Owner: Audrey L. Sager PROPERTY CONTACTS Property Manager: El Prado Apartments True Owner: Audrey L. Sager

Recorded Owner: Sager Audrey L Recorded Owner: Sager Audrey L

Property Manager: El Prado Apartments MARKET CONDITIONS Asking Rents Per Unit

Current

Asking Rents Per Unit

Current

YOY

Market Overall Concessions

$1,577 Current

MARKET CONDITIONS Current Building Submarket 1-3 Star Current Building Market Overall Submarket 1-3 Star Current Building Concessions

Submarket 1-3 Star Current Building Market Overall Submarket 1-3 Star Market Overall Under Construction Units Market Overall

Under Construction Units

Market Overall

$1,408

$1,586 $1,408 $1,577 $1,586 0.5%

Current

0.4% 0.5% 0.4% 0.4%

0.4% Current 613

Current

613

YOY

Vacancy Rates

2.6%

Current Building

Current

3.1%

YOY

0.0%

4.2% 2.6% 4.8% 4.2%

Vacancy Rates

Submarket 1-3 Star Current Building Market Overall Submarket 1-3 Star

Current

YOY

4.8% YOY

Market Overall Submarket Sales Activity

3.6% Current

0.2% Prev Year

0.0%

12 Mo. Sales Volume (Mil.)

0.3% 0.0% 0.4% 0.3%

YOY

Submarket Sales Activity

3.6% 3.1% 3.6% 3.6%

$113.6

0.3% 0.0% 0.2% 0.3%

$226.5

12 Mo. Price Per SF 12 Mo. Sales Volume (Mil.)

Current

$294,298 $113.6

Prev Year

12 Mo. Price Per SF

$294,298

$250,579

$250,579 $226.5

0.4% YOY 64.3%

YOY

64.3%

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com 1/5/2018

1620 Herbert St, Santa Rosa, CA 95401

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

Paul & 9Brueggeman 2x1 $1325 Paul & Bruegge Chrystal Chrystal 7 1620HerbertSt.com 10 2x1 Alex 10 Fuentas 2x1 $1325Alex $252 Fuent 11 1x1 Julen 11 Rooney 1x1 $1265 Julen Roone artments El Prado Roll El Apartments Prado Apartments Rent Roll Rent El Prado Roll Apartments 12 1x1 Barbara 12 Walters 1x1 $220 Barbara $1005 Walte EL PRADORent APARTMENTS RENT ROLL 15 Herbert 1x1 Herbert 15 Roundy 1x1 Herbert Cheryl Round et, Santa1620 Rosa, CA 1620 95401 Street, Cheryl Santa Street, Rosa, Santa CA 1620 Rosa, 95401 CA $225 95401 Street,$900 Santa R 16 1x1 Sal & Nicki 16 1x1 $1,225 Sal & Nicki 17 2x2 Joel & Diana 17 Jimenez 2x2 $1,400 Joel & Diana Jimen me Unit LastBed/Baths Name Unit Bed/Baths Rent First Name Section First Name Last 8 Name Unit LastBed/Baths Name Rent Section Rent First Name 8 SectionLast 8 Na 18 2x2 Adrian 18 Delgado 2x2 $1400 Adrian Delgad sa 1 Murry 3x2 1 $1600 3x2 Dave & Lisa Dave & Lisa Murry 19 1 Murry $1600 3x2 $1600 Dave & Lisa Murr 19 2x2 Travis Sara 2x2 $1500 Travis Sara 20 2x2 Kelly 20 Munoz 2x2 $1400 Kelly Muno a 2DeLa Barcena 3x2 2 $1985 3x2 Christina $190 Christina DeLa Barcena 2DeLa Barcena $1985 3x2 $1985 $190 Christina $190 DeLa Bar 21 1x1 1x1 $1245 Rumualdo 3 Seru2x1 3 $1325 2x1 Vika Rumualdo Vika Seru 21 3 Seru $1325 2x1 $1325 Vika Seru 22 1x1 Casey 1x1 $1245 Casey McWe 4 Siteri2x1 4 $1325 2x1Terry Terry Siteri 22 4 McWethy Siteri $1325 2x1 $1325 Terry Siter 23 1x1 JanetRoady 1x1 $1125 Janet & Embers & 5 Roady 2x1 5 $1475 Stephanie 2x1 & Stephanie & 23 5 Emberson Roady $1475 2x1 $1475 Stephanie Road 24 1x1Marc Carlos & Pam 24 1x1 $1250 Carlos & Pam Marc Marc 25 2x2Billie Vacant 2x2 Vacant 6 Horne 2x1 6 $1325 2x1 Billie Horne 25 6 Horne $1325 2x1 $1325 Billie 1/2018 Horn 26 2x2Vacant Bruce 26 2x2 $1265 Bruce Tungl 7 2x1 7 2x1 Vacant 7 Tungle 2x1 Vacant 27 2x2 27 Limon 2x2 $1545 Andrew Limo 8 Bennallack 2x1 8 $1425 2x1 Laura & Andrew Laura Bennallack & 8 Bennallack $1425 2x1 $1425 Laura & Moving Bennall Addison Addison Addison 28 2x2 Carla 28 Wallace 2x2 $1400 Carla Walla 29 2x1.5 &Brueggeman Brenda 29 Sullins 2x1.5 Sean $1375 & Brenda Sullin 9Brueggeman 2x1 9 $1325 2x1Paul & SeanPaul & 9Brueggeman $1325 2x1 $1325 Paul & Bruegge Chrystal Everado Chrystal Chrystal 30 2x1.5 30 Perez 2x1.5 $1375 Everado Pere 10 Fuentas 2x1 10 $1325 2x1 Alex $252 AlexFuentas10 Fuentas $1325 2x1 $1325 $252 Alex $1288 $252 McQue Fuent 31 2x1.5 Robin 31 McQueen 2x1.5 $87 Robin 11 Rooney 1x1 11 $1265 1x1Julen Michael Julen Rooney $1265 1x1 $1265 Julen Roone 32 2x1.5 &Rooney Bev 11 32Butterworth 2x1.5 $1375 Michael & Bev Butterw 12 Walters 1x1 12 $220 1x1 Barbara $1005 Barbara Walters 12 Walters $220 1x1 $220 $1005 Barbara& $1005 Walte 33 2x1.5 Melissa & 33 Mower/Acker 2x1.5 $1375 Melissa Mower/A 15 Roundy 1x1 15 $225 1x1Cheryl $900 Cheryl $225 1x1 $225 $900 Cheryl CarlaRoundy15 Roundy Carla $900 Round ki 16 1x1 34 16 $1,225 2x1.5 1x1 Sal & Nicki Sal Josh & Nicki 34 Fisher 16 $1,225 2x1.5 1x1 $1,225 $1350 Sal Josh & Nicki Fishe na 17 Jimenez 2x2 17 $1,400 Joel 2x2 & Diana Joel & Diana Jimenez17 Jimenez $1,400 2x2 $1,400 Joel & Diana Jimen 18 Delgado 2x2 18 $1400 2x2Adrian Adrian Delgado18 Delgado $1400 2x2 $1400 Adrian Delgad ara 19 2x2 19 $1500 Travis 2x2 & Sara Travis & Sara 19 $1500 2x2 $1500 Travis & Sara 20 Munoz 2x2 20 $1400 2x2Kelly KellyMunoz20 Munoz $1400 2x2 $1400 Kelly Muno o 21 1x1 21 $1245 1x1 Rumualdo Rumualdo 21 $1245 1x1 $1245 Rumualdo 22 McWethy 1x1 22 $1245 1x1Casey Casey McWethy 22 McWethy $1245 1x1 $1245 Casey McWe 23Emberson 1x1 23 $1125 1x1Janet Janet Emberson 23Emberson $1125 1x1 $1125 Janet Embers am 24 1x1 24 $1250 Carlos 1x1 & Pam Carlos & Pam 24 $1250 1x1 $1250 Carlos & Pam 25 2x2 25 2x2Vacant 1/2018 Vacant 25 2x2 1/2018 Vacant 1/2018 26 Tungle 2x2 26 $1265 2x2Bruce BruceTungle26 Tungle $1265 2x2 $1265 Bruce Tungl 27 Limon 2x2 27 $1545 2x2 Andrew Moving Andrew Limon 27 Limon $1545 2x2 $1545 Moving Andrew Moving Limo 28 Wallace 2x2 28 $1400 2x2Carla CarlaWallace28 Wallace $1400 2x2 $1400 Carla Walla nda 29 Sullins 2x1.5 29Erika Rendino,Sean $1375 2x1.5 Brenda Sean &| (707) Brenda Sullins 29 Sullins $1375 2x1.5 $1375 & Brenda Sullin David and Income& Property Specialists 696-3742/318-1851 | Derendino@gmail.com |Sean RendinosRealEstate.com 30 Perez 2x1.5 30 $1375 2x1.5 Everado EveradoPerez 30 Perez $1375 2x1.5 $1375 Everado Pere 2x1

1620 Herbert St, Santa Rosa, CA 95401

LOCATION

Centrally located near the Steele Lane/Guerneville Road exit off Hwy 101, this area is a prime housing location for families, seniors, and students of both Santa Rosa Junior College and Empire College. With a large shopping mall, banks, restaurants, medical offices, and the famous Charles M. Schulz Museum and Snoopy’s Home Ice all within walking distance, these apartments are rarely vacant.

DISTANCES: Highway 101 exit @ Steele Ln

1 miles

Santa Rosa Junior College

2.3 miles

Empire College

1.4 miles

SMART Station

.5 miles

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1620HerbertSt.com

ABOUT SANTA ROSA

Ranked one of the best places to live in California, Santa Rosa is the largest city in Sonoma County and houses more than one-third of the county’s population on almost 42 square miles. In 2016 U.S. News and World Reports declared Santa Rosa the 4th best place to live in California*.

Population

172,066

Median Age

Located just 50 miles north of the Golden Gate Bridge and along the 101 Corridor, Santa Rosa is within minutes of some of Sonoma County’s most quintessential attractions. With a beautiful downtown, historic Railroad Square and vintage architecture, Santa Rosa offers the best of small town living with the conveniences of a large city. Santa Rosa is the gateway to some of the best Wine Country experiences in the world and is home to almost as many restaurants as there are in all of Sonoma County combined. Families flock to live in this area that offers seemingly endless outdoor fun and activities at numerous parks and recreational areas, including extensive biking, hiking and walking trails of varying degrees of difficulty.

Number of Employees

82,900

Employment Growth

3.58% **

Median Household Income $61,050

* https://realestate.usnews.com/places/rankings/best-places-to-live ** Source: DataUSA.io

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1620 Herbert St, Santa Rosa, CA 95401

DEMOGRAPHIC Demographic Market MARKET ComparisonCOMPARISON Report

1 mile radius

El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401

Type: Multi-Family/Apartments County: Sonoma 1 Mile

County

4.54%

4.76%

Population Growth Growth 2010 - 2017 Growth 2017 - 2022

3.51%

Empl

11,620

94.71%

258,829

95.86%

Unempl

649

5.29%

11,177

4.14%

2017 Population by Race

3.55%

23,889

506,932

White

19,179

Black

1,034

4.33%

9,930

1.96%

925

3.87%

11,185

2.21%

1,432

5.99%

22,184

4.38%

224

0.94%

1,883

0.37%

1,095

4.58%

19,402

3.83%

Am. Indian & Alaskan Asian Hawaiian & Pacific Island Other

80.28%

442,348

87.26%

Household Growth Growth 2010 - 2017

5.00%

4.79%

Growth 2017 - 2022

3.68%

3.63%

Renter Occupied

5,919

69.41%

77,010

39.55%

Owner Occupied

2,608

30.59%

117,707

60.45%

2017 Households by Household Income

8,528

194,717

Income <$25K

2,100

24.62%

29,516

15.16%

Income $25K - $50K

2,493

29.23%

37,553

19.29%

Income $50K - $75K

38,456

19.75%

2,108

24.72%

Income $75K - $100K

805

9.44%

26,630

13.68%

Income $100K - $125K

406

4.76%

18,771

9.64%

Income $125K - $150K

371

4.35%

13,595

6.98%

Income $150K - $200K

177

2.08%

14,126

7.25%

Income $200K+

0.80%

16,070

8.25%

2017 Med Household Inc 2017 Median Age

$45,554

$69,220

33.80

42.00

Copyrighted report licensed to Re/Max Marketplace - 797331. David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1/5/2018

Page 4

1620HerbertSt.com

DEMOGRAPHIC MARKET COMPARISON Demographic Market Comparison Report

1 mile radius

El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401 1 Mile

Type: Multi-Family/Apartments County: Sonoma

County

Population Growth

Household Growth

2017 Med Household Inc

2017 Households by Household Income

15.16

2017 Median Age

19.75

2017 Population by Race

2017 Renter vs. Owner 30.59%

19.29

2017 Employed vs. Unemployed

60.45% 5.29%

69.41%

39.55%

94.71%

4.14% 95.86%

Type: Multi-Family/Apartments Copyrighted report licensed to Re/Max Marketplace - 797331.

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1/5/2018

Page 3

El Prado Apartments

1620 CA95401 95401 1620Herbert HerbertSt, St, Santa Santa Rosa, Rosa, CA

Building Type: Multi-Family

Demographic Report Building Size: Detail 30,424 SF

# of Units: 32 DEMOGRAPHIC DETAILS Avg Unit Size: 950 SF

Building Type: Multi-Family Building Size: 30,424 SF # of Units: 32 Avg Unit Size: 950 SF Radius Population 2022 Projection 2017 Estimate 2010 Census Radius

% Bldg Vacant: 0% Total Available: 0 SF Rent/SF/Yr: El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401

% Bldg Vacant: 0% Total Available: 0 SF Rent/SF/Yr: -

1 Mile

3 Mile

5 Mile

24,729 23,890 122,853 Mile

134,944 130,310 124,383 3 Mile

213,866 206,135 194,681 5 Mile

3.51% 24,729 4.54% 23,890 22,853 23,890 1,684 7.05% 3.51% 1,776 7.43% 4.54% 1,679 7.03% 1,530 6.40% 23,890 6.76% 1,614 7.05% 1,684 8.35% 1,994 7.43% 1,776 9.12% 2,178 7.03% 1,679 8.38% 2,001 6.40% 1,530 6.90% 1,648 6.76% 1,614 6.12% 1,462 8.35% 1,994 5.83% 1,392 9.12% 2,178 5.39% 1,288 8.38% 2,001 4.74% 1,132 6.90% 1,648 3.86% 922 6.12% 1,462 2.49% 595 5.83% 1,392 1.50% 359 5.39% 1,288 1.04% 248 4.74% 1,132 1.61% 385 3.86% 922

3.56% 134,944 4.77% 130,310 124,383 130,310 8,044 6.17% 3.56% 8,457 6.49% 4.77% 8,360 6.42% 8,035 6.17% 130,310 6.27% 8,175 6.17% 8,044 7.24% 9,428 6.49% 8,457 7.81% 10,180 8,360 6.42% 7.47% 9,728 6.17% 8,035 6.68% 8,699 6.27% 8,175 6.43% 8,376 7.24% 9,428 6.58% 8,579 7.81% 10,180 6.47% 8,437 7.47% 9,728 5.99% 7,801 6.68% 8,699 5.08% 6,618 6.43% 8,376 3.35% 4,363 6.58% 8,579 2.04% 2,664 6.47% 8,437 1.38% 1,801 5.99% 7,801 1.97% 2,565 5.08% 6,618

3.75% 213,866 5.88% 206,135 194,681 206,135 12,206 5.92% 3.75% 12,915 6.27% 5.88% 13,123 6.37% 12,883 6.25% 206,135 6.23% 12,833 5.92% 12,206 6.90% 14,230 6.27% 12,915 7.33% 15,109 6.37% 13,123 7.06% 14,543 6.25% 12,883 6.45% 13,297 6.23% 12,833 6.40% 13,194 6.90% 14,230 6.73% 13,872 7.33% 15,109 6.72% 13,859 7.06% 14,543 6.30% 12,992 6.45% 13,297 5.46% 11,248 6.40% 13,194 3.68% 7,579 6.73% 13,872 2.28% 4,701 6.72% 13,859 1.53% 3,156 6.30% 12,992 2.13% 4,394 5.46% 11,248

Age 70 - 74 Age75 65+ Age - 79 Age 80 - 84 Median Age 85+ Age Average Age

595 2.49% 2,509 1.50% 359 10.50% 248 1.04% 33.80 385 1.61% 35.00

4,363 3.35% 18,011 2.04% 2,664 13.82% 1,801 1.38% 37.30 1.97% 2,565 37.90

7,579 3.68% 31,078 2.28% 4,701 15.08% 3,156 1.53% 38.40 2.13% 4,394 38.80

Age 65+

2,509 10.50%

18,011 13.82%

31,078 15.08%

Population Growth 2017 - 2022 2022 Projection Growth 2010 - 2017 2017 Estimate 2010 Census 2017 Population by Age Age 0 -2017 4 - 2022 Growth Age 5 -2010 9 - 2017 Growth Age 10 - 14 Age 15 - 19 by Age 2017 Population Age020 Age - 4- 24 Age525 Age - 9- 29 Age10 30- -14 34 Age Age15 35- -19 39 Age Age 40 44 Age 20 - 24 Age25 45- -29 49 Age Age30 50- -34 54 Age Age35 55- -39 59 Age Age40 60- -44 64 Age Age45 65- -49 69 Age Age50 70- -54 74 Age Age55 75- -59 79 Age Age 80 84 Age 60 - 64 Age65 85+ Age - 69

Copyrighted report licensed to Re/Max Marketplace - 797331.

Median Age 33.80 37.30 38.40 David and Erika Rendino, Income Property Specialists | 35.00 (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com Average Age 37.90 38.80

1/5/2018

Page 5

1620HerbertSt.com

Demographic Detail Report

DEMOGRAPHIC DETAILS

El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401

Radius 2017 Population By Race White Black Am. Indian & Alaskan Asian Hawaiian & Pacific Island Other

1 Mile 23,890 19,179 80.28% 1,035 4.33% 925 3.87% 1,432 5.99% 224 0.94% 1,096 4.59%

3 Mile 130,310 107,990 82.87% 4,028 3.09% 4,369 3.35% 7,472 5.73% 679 0.52% 5,773 4.43%

5 Mile 206,135 172,473 83.67% 5,914 2.87% 6,158 2.99% 11,640 5.65% 1,082 0.52% 8,868 4.30%

Population by Hispanic Origin Non-Hispanic Origin Hispanic Origin

23,890 12,550 52.53% 11,340 47.47%

130,310 83,344 63.96% 46,966 36.04%

206,135 140,070 67.95% 66,065 32.05%

2017 Median Age, Male 2017 Average Age, Male

33.20 34.00

36.10 36.70

36.90 37.50

2017 Median Age, Female 2017 Average Age, Female

34.50 36.10

38.60 39.10

39.80 40.00

2017 Population by Occupation Classification Civilian Employed Civilian Unemployed Civilian Non-Labor Force Armed Forces

18,441

103,836

165,312

11,620 63.01% 649 3.52% 6,172 33.47% 0 0.00%

67,169 64.69% 3,427 3.30% 33,198 31.97% 42 0.04%

105,234 63.66% 5,027 3.04% 54,911 33.22% 140 0.08%

Households by Marital Status Married Married No Children Married w/Children

2,987 1,366 1,621

19,966 10,480 9,486

33,737 18,260 15,477

2017 Population by Education Some High School, No Diploma High School Grad (Incl Equivalency) Some College, No Degree Associate Degree Bachelor Degree Advanced Degree

17,263 4,515 26.15% 3,343 19.37% 5,169 29.94% 1,657 9.60% 1,920 11.12% 659 3.82%

97,032 16,840 17.36% 19,621 20.22% 30,475 31.41% 7,793 8.03% 14,423 14.86% 7,880 8.12%

153,383 22,145 14.44% 29,743 19.39% 49,398 32.21% 11,208 7.31% 26,309 17.15% 14,580 9.51%

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1620 Herbert St, Santa Rosa, CA 95401

Demographic Detail Report DEMOGRAPHIC DETAILS

El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401

Radius 2017 Population by Occupation Real Estate & Finance Professional & Management Public Administration Education & Health Services Information Sales Transportation Retail Wholesale Manufacturing Production Construction Utilities Agriculture & Mining Farming, Fishing, Forestry Other Services

1 Mile 21,191 597 2.82% 3,413 16.11% 346 1.63% 1,737 8.20% 3,737 17.63% 298 1.41% 2,691 12.70% 355 1.68% 1,815 8.56% 232 1.09% 1,233 5.82% 1,715 8.09% 929 4.38% 254 1.20% 520 2.45% 485 2.29% 834 3.94%

3 Mile 123,499 4,073 3.30% 27,607 22.35% 2,519 2.04% 13,724 11.11% 15,006 12.15% 1,206 0.98% 16,793 13.60% 1,579 1.28% 8,482 6.87% 1,811 1.47% 7,309 5.92% 8,069 6.53% 5,856 4.74% 1,795 1.45% 1,878 1.52% 1,439 1.17% 4,353 3.52%

5 Mile 194,198 6,670 3.43% 46,552 23.97% 4,243 2.18% 21,968 11.31% 21,891 11.27% 1,635 0.84% 26,462 13.63% 2,136 1.10% 13,539 6.97% 2,943 1.52% 11,537 5.94% 11,748 6.05% 8,650 4.45% 2,987 1.54% 2,623 1.35% 1,869 0.96% 6,745 3.47%

2017 Worker Travel Time to Job <30 Minutes 30-60 Minutes 60+ Minutes

11,162 8,187 73.35% 2,051 18.37% 924 8.28%

64,073 48,467 75.64% 10,576 16.51% 5,030 7.85%

100,211 74,751 74.59% 17,441 17.40% 8,019 8.00%

2010 Households by HH Size 1-Person Households 2-Person Households 3-Person Households 4-Person Households 5-Person Households 6-Person Households 7 or more Person Households

8,120 2,376 29.26% 2,242 27.61% 1,233 15.18% 987 12.16% 615 7.57% 311 3.83% 356 4.38%

45,089 12,479 27.68% 13,690 30.36% 6,975 15.47% 5,723 12.69% 3,053 6.77% 1,520 3.37% 1,649 3.66%

71,597 19,144 26.74% 22,673 31.67% 11,280 15.75% 9,305 13.00% 4,715 6.59% 2,251 3.14% 2,229 3.11%

2017 Average Household Size

2.70

8,841 8,527 8,121 3.68% 5.00%

48,985 47,267 45,088 3.63% 4.83%

78,766 75,861 71,595 3.83% 5.96%

Households 2022 Projection 2017 Estimate 2010 Census Growth 2017 - 2022 Growth 2010 - 2017

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com Copyrighted report licensed to Re/Max Marketplace - 797331.

1/5/2018

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1620HerbertSt.com

Demographic Detail Report

DEMOGRAPHIC DETAILS

El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401

Radius 2017 Households by HH Income <$25,000 $25,000 - $50,000 $50,000 - $75,000 $75,000 - $100,000 $100,000 - $125,000 $125,000 - $150,000 $150,000 - $200,000 $200,000+ 2017 Avg Household Income 2017 Med Household Income

1 Mile 8,528 2,100 24.62% 2,493 29.23% 2,108 24.72% 805 9.44% 406 4.76% 371 4.35% 177 2.08% 68 0.80% $55,658 $45,554

3 Mile 47,268 8,159 17.26% 10,113 21.40% 10,857 22.97% 6,233 13.19% 4,167 8.82% 2,784 5.89% 2,655 5.62% 2,300 4.87%

5 Mile 75,861 12,238 16.13% 15,473 20.40% 16,330 21.53% 10,211 13.46% 7,262 9.57% 4,792 6.32% 4,628 6.10% 4,927 6.49%

$79,303 $61,970

$85,448 $65,016

2017 Occupied Housing Owner Occupied Renter Occupied 2010 Housing Units 1 Unit 2 - 4 Units 5 - 19 Units 20+ Units

8,527 2,608 30.59% 5,919 69.41% 8,515 4,033 47.36% 1,358 15.95% 1,266 14.87% 1,858 21.82%

47,268 23,849 50.45% 23,419 49.55% 46,547 32,525 69.88% 4,469 9.60% 4,530 9.73% 5,023 10.79%

75,861 41,212 54.33% 34,649 45.67% 73,609 52,976 71.97% 6,770 9.20% 7,010 9.52% 6,853 9.31%

2017 Housing Value <$100,000 $100,000 - $200,000 $200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000 $500,000 - $1,000,000 $1,000,000+ 2017 Median Home Value

2,608 338 12.96% 240 9.20% 378 14.49% 814 31.21% 446 17.10% 377 14.46% 15 0.58% $342,751

23,850 1,799 7.54% 1,088 4.56% 2,727 11.43% 5,324 22.32% 4,936 20.70% 6,843 28.69% 1,133 4.75% $419,996

41,212 3,177 7.71% 1,481 3.59% 3,631 8.81% 7,606 18.46% 8,997 21.83% 14,097 34.21% 2,223 5.39% $452,361

8,772 230 2.62% 789 8.99% 806 9.19% 1,722 19.63% 2,195 25.02% 1,424 16.23% 743 8.47% 863 9.84% 1975

48,600 1,253 2.58% 5,972 12.29% 6,347 13.06% 8,700 17.90% 9,000 18.52% 5,786 11.91% 5,012 10.31% 6,530 13.44% 1977

77,979 2,641 3.39% 10,119 12.98% 10,280 13.18% 13,314 17.07% 15,482 19.85% 10,563 13.55% 7,700 9.87% 7,880 10.11% 1977

2017 Housing Units by Yr Built Built 2010+ Built 2000 - 2010 Built 1990 - 1999 Built 1980 - 1989 Built 1970 - 1979 Built 1960 - 1969 Built 1950 - 1959 Built <1949 2017 Median Year Built

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David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

Building Type: Multi-Family Building Size: 30,424 SF 16 # of Units: 32 Avg Unit Size: 950 SF

% Bldg Vacant: 0% Total Available: 0 SF 1620 Herbert St, Santa-Rosa, CA 95401 Rent/SF/Yr:

DEMOGRAPHIC TREND 1 MILE RADIUS Description

Population Age 0 - 4 Age 5 - 9 Age 10 - 14 Age 15 - 19 Age 20 - 24 Age 25 - 29 Age 30 - 34 Age 35 - 39 Age 40 - 44 Age 45 - 49 Age 50 - 54 Age 55 - 59 Age 60 - 64 Age 65 - 69 Age 70 - 74 Age 75 - 79 Age 80 - 84 Age 85+ Age 15+ Age 20+ Age 65+ Median Age Average Age Population By Race White Black Am. Indian & Alaskan Asian Hawaiian & Pacific Islander Other

2010

2017

2022

22,853 1,959 8.57% 1,728 7.56% 1,403 6.14% 1,589 6.95% 2,138 9.36% 2,363 10.34% 1,954 8.55% 1,555 6.80% 1,412 6.18% 1,426 6.24% 1,294 5.66% 1,165 5.10% 891 3.90% 569 2.49% 377 1.65% 313 1.37% 296 1.30% 421 1.84%

23,890 1,684 1,776 1,679 1,530 1,614 1,994 2,178 2,001 1,648 1,462 1,392 1,288 1,132 922 595 359 248 385

17,763 77.73% 16,174 70.77% 1,976 8.65% 31 33.20

18,748 78.48% 17,218 72.07% 2,509 10.50% 34 35.00

19,523 78.95% 17,876 72.29% 3,002 12.14% 36 36.10

22,853 18,517 81.03% 943 4.13% 885 3.87% 1,203 5.26% 207 0.91% 995 4.35%

23,890 19,179 80.28% 1,035 4.33% 925 3.87% 1,432 5.99% 224 0.94% 1,096 4.59%

24,729 19,715 79.72% 1,108 4.48% 961 3.89% 1,541 6.23% 233 0.94% 1,171 4.74%

7.05% 7.43% 7.03% 6.40% 6.76% 8.35% 9.12% 8.38% 6.90% 6.12% 5.83% 5.39% 4.74% 3.86% 2.49% 1.50% 1.04% 1.61%

24,729 1,742 1,743 1,722 1,647 1,593 1,719 1,948 2,039 1,904 1,664 1,470 1,338 1,199 1,023 780 518 309 372

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7.04% 7.05% 6.96% 6.66% 6.44% 6.95% 7.88% 8.25% 7.70% 6.73% 5.94% 5.41% 4.85% 4.14% 3.15% 2.09% 1.25% 1.50%

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David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1620HerbertSt.com

DEMOGRAPHIC TREND

Demographic Trend Report

1 Mile Radius

El Prado Apartments

1620 Herbert St, Santa Rosa, CA 95401

Description

2010

2017

1 MILE RADIUS 2022

Population by Race (Hispanic) White Black Am. Indian & Alaskan Asian Hawaiian & Pacific Islander Other

10,365 9,012 86.95% 226 2.18% 644 6.21% 102 0.98% 30 0.29% 352 3.40%

11,340 9,863 86.98% 248 2.19% 680 6.00% 118 1.04% 37 0.33% 394 3.47%

12,014 10,436 86.87% 275 2.29% 713 5.93% 121 1.01% 41 0.34% 429 3.57%

Household by Household Income <$25,000 $25,000 - $50,000 $50,000 - $75,000 $75,000 - $100,000 $100,000 - $125,000 $125,000 - $150,000 $150,000 - $200,000 $200,000+

8,123 3,111 38.30% 2,016 24.82% 1,517 18.68% 786 9.68% 336 4.14% 195 2.40% 117 1.44% 45 0.55%

8,528 2,100 24.62% 2,493 29.23% 2,108 24.72% 805 9.44% 406 4.76% 371 4.35% 177 2.08% 68 0.80%

8,838 2,035 23.03% 2,623 29.68% 2,248 25.44% 820 9.28% 427 4.83% 415 4.70% 192 2.17% 78 0.88%

Average Household Income Median Household Income

$47,096 $37,142

$55,658 $45,554

$56,934 $46,863

David and Erika Rendino, Income Property Specialists | (707) 696-3742/318-1851 | Derendino@gmail.com | RendinosRealEstate.com

1620 Herbert St, Santa Rosa, CA 95401

Demographic Overview Demographic Overview DEMOGRAPHIC OVERVIEW Population (1 mi)

23,890 23,890 Population (1 mi)

DEMOGRAPHIC RADIUS RINGS DEMOGRAPHIC RADIUS RINGS

1620 Herbert St

Avg. HH Size (1 mi)

2.7 2.7

Avg. HH Size (1 mi)

1620 Herbert St

Avg. Age (1 mi)

Med. HH Inc. (1 mi)

35 35

$45,554 $45,554

Avg. Age (1 mi)

Med. HH Inc. (1 mi)

DEMOGRAPHIC SUMMARY Population DEMOGRAPHIC SUMMARY

1 Mile

3 Mile

5 Mile

2017 Population

23,890

130,310

206,135

2022 Population 2017 Population Pop Growth 2017-2022 2022 Population 2017 Average Age Pop Growth 2017-2022

24,729 23,890 3.5% 24,729 35 3.5%

134,944 130,310 3.6% 134,944 38 3.6%

213,866 206,135 3.8% 213,866 39 3.8%

2017 Average Age 2017 Households

35 8,527

38 47,267

39 75,861

2022 Households 2017 Households Household Growth 2017-2022 2022 Households Median Household Income Household Growth 2017-2022 Average Household Size Median Household Income Average HH Vehicles Average Household Size

8,841 8,527 3.7% 8,841 $45,554 3.7% 2.7 $45,554 2 2.7

48,985 47,267 3.6% 48,985 $61,970 3.6% 2.7 $61,970 2 2.7

78,766 75,861 3.8% 78,766 $65,016 3.8% 2.7 $65,016 2 2.7

Average HH Vehicles Median Home Value

2 $342,751

2 $419,996

2 $452,361

Median Year Built Median Home Value

1975 $342,751

1977 $419,996

1977 $452,361

Median Year Built

1975

1977

Population

Households Households

Housing Housing

1 Mile

3 Mile

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5 Mile

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1620 Herbert St.com

The Rendino Team

The information contained herein has been obtained through sources deemed reliable by RE/MAX Marketplace, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.