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Location |
Petaluma, CA |
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Units/SF |
48 Units |
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Year Built |
1964 |
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Status |
Available |
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Asking Price |
$7,250,000 |
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Offer Date |
N/A |
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Highlights |
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Well Located – Conveniently located in a quiet residential location in the desirable West Side of Petaluma, Woodcreek is located a few blocks from the downtown area and the recently redeveloped Petaluma riverfront. The area is rich with many employers, highly regarded schools, popular dining and shopping destinations, several public parks and recreation areas.
- Excellent Unit Mix – Woodcreek features an excellent unit mix with 38 two-bedroom and one-bath townhouses, eight (8) two-bedroom and one-bath flats, and two studios. The average unit size is 774 square feet.
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High Barrier to Entry Market – A lack of suitable building sites, onerous local building regulations and fee structures contribute to Sonoma County’s perpetual rental housing shortage. At present, there are no significant multifamily development projects either under construction or in the final stages of planning in Petaluma or in the surrounding cities. This indicates that the supply shortfall will continue. |
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Contacts |
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Jamie Clifford l Senior Associate l 415.273.2155
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