6372 Old Redwood Hwy, Windsor, CA 95403

INCOME PROPERTY FOR SALE

Multi-unit complex with development potential in Windsor

Building Type: Multi-Unit 6372 Old Redwood Hwy, Windsor, CA 95403

Composition: 7 Units Building Size: 3,589 Sq Ft Lot Size: 54,450 Sq Ft CAP Rate/w August Rent Increase : 4.7%

OFFERED AT $1,500,000

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

RE/MAX MARKETPLACE IS PROUD TO PRESENT 6372 Old Redwood Hwy, Windsor, CA 95403

Well maintained 7 unit complex on a flat usable 1.25 acre lot, with development potential.

Units consist of a detached 3 bedroom/ 1 bathroom home and 6 studio units in 3 duplexes.

All units have been beautifully maintained and include storage sheds and large backyards.

The long term residents live on the property with a sense of pride, while some enjoy working in the bountiful garden.

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

PROPERTY

UNIT - EXTERIOR

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

PROPERTY

UNIT - EXTERIOR

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

PROPERTY

UNIT - INTERIOR/EXTERIOR

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

PROPERTY

UNIT - INTERIOR/EXTERIOR

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

FROM THE OWNER

EXECUTIVE SUMMARY

PROPERTY: 6372-6384 OLD REDWOOD HWY, WINDSOR, CA 95492 (WINDSOR SCHOOL DISTRICT) [POSTAL ADDRESS: 6372-6384 OLD REDWOOD HWY, SANTA ROSA, CA 95403] DESCRIPTION: THIS 1.6 ACRE +/- MULTIFAMILY RESIDENTIAL PROPERTY IS CONVENIENTLY LOCATED NEAR THE SHILOH SHOPPING CENTER AND ESPOSTI PARK. THE TENANTS AT THE PROPERTY HAVE A STRONG SENSE OF COMMUNITY AND SEVERAL OF THEM ARE FAMILY AND FRIENDS. INCLUDED ARE 4 STRUCTURES: ONE SINGLE-FAMILY HOME AND THREE DUPLEXES, EACH WITH A STORAGE SHED IN THE BACK. THE PROPERTY IS SERVICED BY WELL WATER AND CITY SEWER. EACH UNIT IS INDIVIDUALLY METERED FOR PG&E. SINCE PURCHASE IN 7/2014, THE OWNERS HAVE SPENT APPROXIMATELY $400,000+ IN IMPROVEMENTS INCLUDING THE RENOVATION OF ALL UNIT INTERIORS, ROOF REPAIRS, ADDITION OF FRONT CONCRETE PATIOS, ADDITION OF SEVEN STORAGE SHEDS, NEW WATER FILTRATION UNIT AND FENCING. DEVELOPMENT POTENTIAL: MY UNDERSTANDING IS THAT THE WINDSOR TOWN GENERAL PLAN HOUSING ELEMENT POLICY ALLOWS STUDIO DUPLEXES WITH UNITS LESS THAN 500 SF TO BE COUNTED AS ONE UNIT. THUS, THE CURRENT STRUCTURES WOULD COUNT AS FOUR UNITS. THE PARCEL IS ZONED FOR UP TO 10 UNITS SO IT MAY BE POSSIBLE TO ADD UP TO 6 ADDITIONAL STRUCTURES.

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

FINANCIALS

INCOME AND EXPENSE PROPERTY REPORT

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

FINANCIALS

RENT ROLL

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

SUBJECT PROPERTY

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

ZONING

Please verify with county

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

RENTAL TRENDS

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

RENTAL TRENDS

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

LOCATION

COMMUTER LOCATION

12 Minutes to Sonoma County Airport 6 Minutes to Downtown Windsor 5 Minutes to Shiloh Center 4 Minutes to Shiloh Ranch Park 5 Minutes to Foothill Regional Park 13 Minutes to Downtown Santa Rosa

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

COMMUNITY

ABOUT WINDSOR The Town of Windsor is known as a family-oriented community with exceptional quality of life. Windsor offers a variety of recreational opportunities and well-planned business areas, including an award winning downtown.

The 4.5 acre Town Green is a focal point for community gatherings and is the location of the seasonal Farmers Market and Summer Nights on the Green. The Town Green is also home to many unique shops and restaurants and hosts popular events such as the Winter Wine Walk and the Windsor Day Parade.

Bell Village is a new upscale shopping center, ideally located next to the Town Green. This area houses a premium grocery store (Oliver’s Market), restaurants and retail businesses.

In 2017 the Town of Windsor celebrated its 25th Anniversary. Since the Town’s incorporation on July 1, 1992, its population has grown to 27,000 residents.

Windsor has earned numerous awards and recognitions!

Things to Do: During summer months, local residents and visitors gather on the popular Windsor Town Green for a free outdoor concert known as “Summer Nights on the Green”.

The Windsor Farmer’s Market runs every Sunday in April through December.

The scenic beauty offers a great venue for ongoing hot air balloon festivals, including Sonoma County Hot Air Balloon Classic.

Windsor celebrates its birthday every July 3rd and features live entertainment, local food vendors and food trucks.

Every December, Windsor ushers in the holiday season with live entertainment, children’s activities, and graceful horse-drawn carriages can be seen carrying guests around the beautiful Town Green. The Charlie Brown Christmas Tree Grove is an annual holiday event, which takes place on the Town Green.

DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM

David & Erika Rendino INCOME PROPERTY SPECIALISTS DRE#01252035 | 01465104

DIRECT: 707.696.3742 ESPAÑOL: 707.318.1851 EMAIL: DRENDINO@MAC.COM

RendinosRealestate.com

Each office independently owned and operated. 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.