Northmarq brokers sale of garden-style apartments in Rohnert Park, CA for $7.1 million

Citadel Apts
22-unit multifamily community

WALNUT CREEK, Calif. (Aug. 13, 2024) — Northmarq’s Walnut Creek Multifamily Investment Sales team of Zach LeBeouf and Anthony Pappageorge successfully brokered the $7,075,000 sale of a 22-unit multifamily community in Rohnert Park, California. The property was built in 1976 and is located at 6500 Country Club Boulevard.

Northmarq represented the seller, Ridge Capital Investors. The buyer was a private client based in Healdsburg.  

“This sale is the only multifamily property in 2024 located within Sonoma, Napa, and Solano Counties that is pre-1980’s vintage and 16+ units to achieve $300k+/units,” said LeBeouf.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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