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Wolff Invests $15M in Santa Rosa Residential Property

Moore Bldg. Trades in REO Transaction
By Stephanie Ageno
April 25, 2011 | 1:50 P.M.

The Wolff Co. purchased the 79-unit multifamily building at 615 Healdsburg Ave. in Santa Rosa, CA, in a REO sale for $15.25 million or about $193,000 per unit. At the time of sale, the building’s 7,844-square-foot retail space was vacant and the property’s occupancy percentage was relatively low. US Bancorp was primarily motivated to sell in order to liquidate a foreclosed asset.

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IN THIS ARTICLE


  • Properties
    • Six1Five

      615 Healdsburg Ave, Santa Rosa, CA