Well maintained 53 unit apartment complex in the heart of downtown Ukiah! Park Place Apartments is a 2-story complex with 5 buildings totaling approximately 42,344 square feet on 2.65 acres. 5.8% Capitalization Rate and 10.25 GRM on existing rents. There's a versatile mix of plans, including 2-bedroom townhouses, 2-bedroom flats, 1-bedroom flats, and a studio, along with a 5-bedroom manager's unit. Residents are offered a range of amenities including a pool, backyards or balconies, garages, and an on-site laundry room. Unbeatable location just a few blocks to downtown restaurants and shops. Historically low turnover, desirable downtown location, and amenities promote a stable investment for many years to come! Upside in rents and numerous recent capital improvements, including but not limited to, the pool and multiple roofs, make this a terrific investment opportunity!
Closed
Zillow last checked:
Listing updated:
Bought with:
Non-member 999999
Northmarq
Source: BAREIS,MLS#: 323908475
Originating MLS: Sonoma
Originating MLS: SonomaPrice history
| Date | Event | Price |
|---|---|---|
| 1/5/2024 | Sold | $7,100,000-10.7%$168/sqft |
Source:  BAREIS #323908475 Report a problem | ||
| 12/15/2023 | Pending sale | $7,950,000$188/sqft |
Source: BAREIS #323908475 Report a problem | ||
| 10/18/2023 | Contingent | $7,950,000$188/sqft |
Source: BAREIS #323908475 Report a problem | ||
| 9/7/2023 | Listed for sale | $7,950,000$188/sqft |
Source: BAREIS #323908475 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/29/2018 | Listing removed | $975 |
Source: Owner Report a problem | ||
| 9/27/2017 | Price change | $975+3.2% |
Source: Owner Report a problem | ||
| 9/16/2017 | Price change | $945+0.5% |
Source: Owner Report a problem | ||
| 7/3/2017 | Listed for rent | $940 |
Source: Owner Report a problem | ||
| 6/1/2017 | Listing removed | $940 |
Source: Owner Report a problem | ||
| 3/21/2017 | Listed for rent | $940 |
Source: Owner Report a problem | ||
