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    1712 Washington Street

    Calistoga, CA 94515
    • $2,950,000
    • STATUS: Active
    • ON SITE: 113 days
    • ID#: 22031369
    UPDATED: 58 min ago
    $2,950,000
    • 14
      BEDS
    • 0.82
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    Welcome to The Willows, a purpose built 14-unit apartment complex, located a few blocks from downtown Calistoga, in the beautiful upper Napa Valley. Calistoga is the future home to the FOUR SEASONS Operated Resort (scheduled to open Q2 2021) located on the east side of town on the Silverado Trail; AND A ROSEWOOD PROPERTY(estimated opening in 2024) located on the west side of town off of Highway 29. Jobs are coming to Calistoga and housing will be at a premium.Priced at less than $300/SF, this is priced less replacement costs. This 14-unit property services the population of 55+ older residents. The complex is purpose built and each One bed/One bath unit has an attached one-car garage. High barriers to entry for development, and strong tenant demand make this an attractive, insulated investment. Over a 4.5-cap. Rental market is strong, with a low-vacancy factor city wide. Take a look at the virtual tour to appreciate the spacious layout.

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    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2021-05-09T16:56:21.777.
    www.jasonknowsmarin.com/homes/113324406
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    1712 Washington Street Calistoga, CA 94515

    • Price: $2,950,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 22031369
    14
    Beds
    1
    Baths
    0
    ½ Baths
    0.82
    Acres
    1986
    Built
    Neighborhood:
    Calistoga
    County:
    Napa
    Area:
    Calistoga
    Property Description
    Welcome to The Willows, a purpose built 14-unit apartment complex, located a few blocks from downtown Calistoga, in the beautiful upper Napa Valley. Calistoga is the future home to the FOUR SEASONS Operated Resort (scheduled to open Q2 2021) located on the east side of town on the Silverado Trail; AND A ROSEWOOD PROPERTY(estimated opening in 2024) located on the west side of town off of Highway 29. Jobs are coming to Calistoga and housing will be at a premium.Priced at less than $300/SF, this is priced less replacement costs. This 14-unit property services the population of 55+ older residents. The complex is purpose built and each One bed/One bath unit has an attached one-car garage. High barriers to entry for development, and strong tenant demand make this an attractive, insulated investment. Over a 4.5-cap. Rental market is strong, with a low-vacancy factor city wide. Take a look at the virtual tour to appreciate the spacious layout.
    Exterior Features

    Carport Spaces 0 Covered Spaces 0 Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Other Open Parking Spaces 0 Parking Features Garage Parking Total 0 Roof Composition Tandem Parking Spaces 0

    Interior Features

    1 Bedroom Units Total 14 2 Bedroom Units Total 0 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling Wall Unit(S) Heating Wall Furnace Laundry Features Coin Operated Studio Units Total 0

    Property Features

    Association Fee 0 Association YN No Auction No Availability Date 1/1/1800 12:00:00 AM Gross Income 219000 Property Sub Type 5 Or More Units Property Type Residentialincome Sewer Public Sewer Special Listing Conditions Offer As Is Subtype Description Apartments Water Source Public

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Jeffrey Feeney of Coldwell Banker B Of V-Com Div.


    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2021-05-09T16:56:21.777.
     
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