Description
A rare single-story, fully-remodeled apartment complex is available for sale in popular south Napa. The property includes 6 units, each offering 2 bedrooms, 1 bathroom, and large private backyards. Close to downtown and popular shopping centers, this property offers easy access to Highway 29. While its location in south Napa makes for an easy commute, the property is tucked back off the main road down a private driveway. Each apartment unit was recently gutted and extensively remodeled with a new roof, new plumbing & electrical, beautiful new flooring, paint, appliances, and countertops. Large, front-facing windows provide bright, natural lighting that complement the cool tones used in the painting, flooring, and cabinetry. Each unit is like-new and fully-occupied. Tenants have signed one-year leases, and rents range from $2,600 to $2,750. The property offers a 4.0% Cap Rate (annual return on investment).
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8BEDS
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0.74ACRES
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4BATHS
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01/2 BATHS
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4,960SQFT
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$0$/SQFT
School Ratings & Info
Description
A rare single-story, fully-remodeled apartment complex is available for sale in popular south Napa. The property includes 6 units, each offering 2 bedrooms, 1 bathroom, and large private backyards. Close to downtown and popular shopping centers, this property offers easy access to Highway 29. While its location in south Napa makes for an easy commute, the property is tucked back off the main road down a private driveway. Each apartment unit was recently gutted and extensively remodeled with a new roof, new plumbing & electrical, beautiful new flooring, paint, appliances, and countertops. Large, front-facing windows provide bright, natural lighting that complement the cool tones used in the painting, flooring, and cabinetry. Each unit is like-new and fully-occupied. Tenants have signed one-year leases, and rents range from $2,600 to $2,750. The property offers a 4.0% Cap Rate (annual return on investment).
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