Property Detail

Description

Las Flores Apartments is a 14-unit, mixed-use residential and retail asset in the heart of Santa Rosa. Built around a fully renovated multifamily core with over $1MM in recent capital improvements, the Property generates stabilized income from a diversified base: 14 turnkey residential units plus a long-standing retail tenant contributing $78,000 annually roughly 19% of gross revenue. With in-place residential rents approximately 10% below market and no meaningful deferred maintenance, Las Flores offers investors a rare combination of in-place yield, cash flow stability, and built-in rent upside. Located just off U.S. 101, the Property sits within minutes of downtown Santa Rosa, the Sonoma and Napa wine regions, and the broader Bay Area employment base.