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Listing Summary
Virtual Media
Listing
#323030335
$80,000,000 (LP)
2010 Pioneer Way, Santa Rosa, CA 95403-6972
Active
(05/10/23)
SqFt:
Lot Size Acres:
2.8700*
Area/District
:
B0100
Yr
:
1985
*
Virtual Media
Remarks
Pioneer Apartments, a 178-unit apartment community located at 2010 Pioneer Way in Santa Rosa, California. Pioneer Apartments consists of 100 one-bedroom/one-bath units and 78 two bedroom/one-and-one-half bath units on 8.6 acres of beautifully-landscaped and immaculately-maintained grounds, including an abundance of bright green manicured lawns, mature trees, flowering bushes, and picturesque tenant gardens. The buildings have been recently repainted with a contemporary color scheme. Units feature individual hot water heaters, all-electric appliances, full-length mirrored closet doors, and wood-burning fireplaces. Community amenities include a pool with spa, fitness center, and assigned covered parking. The pride of ownership demonstrated by residents is immediately evident.
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Directions to Property
US-101 N to Bicentennial Way in Santa Rosa Exit 491B from US-101 N Take Piner Rd to Pioneer Way
Remarks
Agent and Office Information
Agent
Denise Kilker
Primary: Lic: 01939014
Office
NavigateRE
Phone: 707-580-3499 Office Lic: 02221115
Price, Dates and Commissions
Broker Co-op
Broker Co-op
1
# Of Units Total
178
Unit Information
# Of Buildings
16
# Of Units Leased
0
# Of Units Month to Month
0
# Of Units Vacant
0
# of 1 Bedroom Units
100
# of 2 Bedroom Units
78
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
Unit 1 Bedrooms
1
Unit 1 Full Baths
1
Unit 1 Partial Baths
0
Unit 1 Rent
$
2100
Unit 1 Description
Nice one bed one bath
Unit 1 Approx SqFt
577
Unit 1 # of Rooms
4
Unit 1 Occupancy
Tenant
Unit 1 SqFt Source
Not Measured
Unit 1 Type
Apartment
Unit 2 Bedrooms
1
Unit 2 Full Baths
1
Unit 2 Partial Baths
0
Unit 2 Rent
$
2600
Unit 2 Description
Nice two bedroom 2 bath
Unit 2 Approx SqFt
900
Unit 2 # of Rooms
5
Unit 2 Occupancy
Tenant
Unit 2 SqFt Source
Not Measured
Unit 3 Bedrooms
0
Unit 3 Full Baths
0
Unit 3 Partial Baths
0
Unit 3 Rent
$
0
Unit 3 # of Rooms
0
Unit 4 Bedrooms
0
Unit 4 Full Baths
0
Unit 4 Partial Baths
0
Unit 4 Rent
$
0
Unit 4 # of Rooms
0
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
95
# of 2 Bedrooms Occupied
75
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
350000
Gross Income Multiplier
14.500
%
Gross Rent Multiplier
14.50
Net Operating Income
$
2800000
Income Includes
Coin Operated Equipment, Laundry
Operating Expense
$
1300000
Total Deposit
$
0
Total # Leasable
0
Total # Section 8
0
Utilities Expense
$
400000
Operating Expense Includes
Advertising, Electricity, Insurance, Legal, Maintenance Grounds, Maintenance Structure, Manager, Pool/Spa, Property Tax, Repairs, Staff, Trash, Utilities, Vacancy Allowance
Tax Annual Amount
$
747000
Financial Data Source
Property Manager
Actual or Scheduled
Actual
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Terms
1031 Exchange, Cash, Conventional
Possession
Close Of Escrow
Property Information
Subtype Description
Apartments
Approx SqFt
0
SqFt Source
Not Available
Price / SqFt
0.00
Lot Sq Ft
(
approx
)
125,017*
Lot Acres
(
approx
)
2.8700
Lot Size Source
(Not Available)
# of Rooms
0
Year Built
1985*
Year Built Source
Assessor Auto-Fill
Stories
2
Levels
Two
Special Listing Conditions
None
Property Condition
Varies by Unit
Property Location
County
Sonoma
Cross Street
Piner
Area/District
Santa Rosa-Northwest
Subdistrict
Interior Information
Appliances
Dishwasher, Disposal, Free Standing Refrigerator, Microwave
Cooling
Central
Heating
Central
Laundry Features
Coin Operated, In Common Area
Basement
None
Construction Information
Roof
Shingle
Utilities
Cable Available, Electric, Internet Available
Water Source
Public
Sewer
Public Sewer
Parking Information
Garage Spaces
0
Total Parking Spaces
178
Covered Spaces
178
Carport Spaces
0
Open Parking Spaces
0
# of RV/Boat
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Covered
Lot and Outdoor Information
Lot Features
None
Topography
Level
Exterior Features
Play Area, Swimming Pool
Association Information
Association
No
School Information
Green Information
Other Listing Information
Mortgage Info
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