Bridgewood Apartments — Sale in Santa Rosa, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Santa Rosa, CA 95409

Investment Figures

Cap rate
5.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Bridgewood Apartments is a turnkey 14-unit multifamily community in the highly desirable Rincon Valley neighborhood of northeast Santa Rosa. The property features eight spacious 2-bed/1-bath units and six 1-bed/1-bath units, offering an ideal mix for renters. Substantial capital improvements have already been completed, including a new roof, new electrical main panels and subpanels, and renovations to 10 of the 14 units—providing immediate appeal and long-term durability. Tenants enjoy excellent walkability, with a major grocery store, neighborhood restaurants, and shopping less than half a mile away. Families are drawn to the area’s top-ranked elementary, middle, and high schools, all within 1.5 miles. With plentiful parking, strong neighborhood fundamentals, and diligent upkeep, Bridgewood Apartments represents a great opportunity to acquire a well maintained, income-generating asset in a prime Santa Rosa location. Investment Highlights: • 14-Unit Apartment Complex in Rincon Valley – Featuring 8 two-bedroom and 6 one-bedroom units in a sought-after Santa Rosa neighborhood. • Major Upgrades Completed – New roof, electrical main panels, and subpanels ensure long-term durability and reduced capital needs. • Value-Add Potential – 10 of 14 units already remodeled, with room to add further upside through additional renovations. • Prime Location – Less than half a mile from grocery, dining, and shopping; 1.5 miles from Santa Rosa's top-rated schools. • Investor-Friendly Asset – Well-maintained property with ample parking, strong renter demand, and stable neighborhood fundamentals.

Market Context

This multifamily in Santa Rosa, CA is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 99 days. Compare it against other multifamily listings for sale in Santa Rosa, CA — view the full market.

As of Q1 2026, the San Francisco North Bay multifamily market showed a 7.0% vacancy rate, average asking rents near $1200.00/unit/mo, rents up 3.0% year over year, and cap rates around 5.6%. Source: Cushman & Wakefield Q1 2026 market report.

Its 5.8% asking cap rate is in line with the San Francisco North Bay multifamily market average of about 5.6%. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in San Francisco North Bay?
About 5.6% as of Q1 2026, per Cushman & Wakefield.
Is the San Francisco North Bay multifamily market tightening or softening?
Vacancy is around 7.0%, with asking rents rising year over year (Q1 2026).

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