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Creekside Apartments

20-47 Matthew Circle, Windsor,
California,
$7,100,000 Sold
Multi-Family

Description

Paragon Commercial Brokerage, Inc. is pleased to present Creekside Apartments, a 32 unit apartment property, located in beautiful Windsor, California, just 10 miles north of Santa Rosa and 65 miles north of San Francisco. Creekside Apartments is a sprawling apartment community, with a beautiful setting, consisting of 20 two bedroom apartments and 12 one bedroom apartments. Built in 1982, the apartments have attractive and functional floor plans with ample space. They have front and back yards and each unit has its own private garage. In addition there are 32 open parking spaces throughout the complex. There is a swimming pool with large concrete decking, pool clubhouse and large adjacent lawn area for picnicking, playing games or just relaxing. The units all are separately metered for gas, electricity and water, and have their own heaters and hot water heaters. Tenants pay their own utilities including, gas, electric, water and garbage. Units are outfitted with dishwashers in the kitchens and laundry hook-ups in the garages. They also have air conditioners.

The Creekside Apartments complex is excellently located in the beautiful and historic town of Windsor, in Sonoma County, just North of Santa Rosa and a short 65 mile drive to San Francisco. The Town of Windsor is a family oriented community with an exceptional quality of life. Windsor offers a wide variety of services and recreational opportunities. It has well planned business areas and a lively downtown. Local grammar, middle and high schools are excellent, and Sonoma State University, University of San Francisco- North Bay Regional Campus and Santa Rosa Junior College are nearby.  Windsor’s population is over 27,000 and has a median income of $ 77,000. Employment opportunities for Windsor residents are excellent spreading from Windsor and Santa Rosa down to Marin and San Francisco.

Creekside Apartments offers an excellent investment opportunity with good current returns, ample upside and flexible exit alternatives with potential for huge profits.

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