Multifamily · For Sale

400 Earle Street

Offered at $1,250,000 ($232.51/SF, $156,250/unit) with a current NOI of $50,014 and a 4.00% cap rate, the offering also includes $525,000 in assumable debt at a fixed 3% rate for qualified buyers. The proforma cap rate of 6.98% reflects meaningful upside as units are brought to maximum allowable rents. Located one minute from Santa Rosa Avenue and three minutes from US Highway 101, this is an outstanding opportunity to acquire a stabilized multifamily asset in the heart of Sonoma County.

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