Rohnert Part - 24 Units
7441-7487 Bridgit Drive

“Bridgit Townhomes” were built and approved in 1982 as individual PUD units. This quality apartment complex has eight (1250 sq. ft.) 3BR/1.5BA and sixteen (1130 sq. ft.) 2BR/1.5BA townhouse units in four buildings. All apartments feature fenced yards, fireplaces, forced air heating, separate water heaters, full size washer/dryer hookups and separate garages. The complex has a pool and an additional common laundry room.

Rohnert Park is located in Sonoma County's southern central plain along US 101 south of Santa Rosa and north of Petaluma. With 42,550 residents, it is the county's third largest city. Thoughtfully designed for families, it is one of the first planned communities in the United States. Bikeways and walkways connect its tree-lined boulevards and attractive neighborhoods. Each neighborhood is designed around a park and elementary school. Rohnert Park has more public and private recreational facilities and opportunities per capita than any other city in the North Bay. There is the added attraction of two performing arts centers and a major university, Sonoma State University.

Built in 1982 as a PUD (planned unit development) with a final map recorded; the units were never sold individually. They have been operated since built as a quality apartment complex. The units have individual parcel numbers and individual tax bills.

Overall the property appears to be in good structural condition; however it could benefit from some cosmetic exterior upgrades to the landscaping, paint and driveway surfaces.

Per a recent appraisal the 16-2BR apartments are 1130 sf each and the 8-3BR apartments 1250 sf. All units are townhouse in design with the bedrooms and full bath upstairs and living room, dining area, kitchen, half bath and laundry on the first floor. There is a FP in the living room and sliding glass doors opening to a patio and fenced yard area. There is also a deck off of the master bedroom. All units have washer/dryer hookups in the apartment and all have a detached one-car garage. Kitchens are all electric with dishwasher and disposal.

The four building complex is of two story wood frame construction with individual unit concrete perimeter foundations, a composition shingle roof on the units and garages and an older wood shingle roof on the pool house. Units are heated by individual, central F/A furnaces and have individual hot water heaters (both located in a storage room off of the patio). Units are separately metered for and tenants pay their own PG&E. There is a sub-metering system in place for water. The complex has a swimming pool and an extra coin operated laundry facilities. Aside from the 24 garages, tenants are each assigned one uncovered space leaving 11 additional guest parking spaces.

Take the southernmost Rohnert Park/Cotati exit of 101, east on Hwy 116, then north on Commerce Blvd., then right on Southwest Blvd., Right on College View, and right on Bridgit.

The current lender has indicated they will lend up to 70% of the selling price with an initial 5 year fixed rate of 4.5% and a ½ point loan fee, amortized over 30 years.