SANTA ROSA, CA-A private investor based in Marin County has acquired the 180-unit Vineyard Gardens Apartments from a locally based private investment group for $23 million, according to Arroyo & Coates, which negotiated the sale. The complex is a 20-year-old property that includes apartments of one and two bedrooms ranging from 559 sf to 926 sf at 240 Burt St.

The Vineyard Gardens was built in 1988 and was originally called the Redwood Manor. The complex, which occupies a site of nearly nine acres, was partially renovated in 2007 and is well-located, according to the Arroyo & Coates brokers, who had the disposition assignment and also represented the buyer. Jamie Clifford and David Silver of Arroyo & Coates represented the seller, with Tim Scherer of Arroyo & Coates, representing the buyer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.