Calistoga, CA 94515,1712 Washington ST
Listed by Jeffrey Feeney • Coldwell Banker B of V-Com Div
Bought with Kristina Militello • Pacific Sothebys Interna
$2,800,000
$2,950,000
5.1%
Est.Price: ?

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14,000 BD
1 BA
0.82 Acres Lot

1712 Washington ST Calistoga, CA 94515

Est. payment /mo
SOLD DATE : 05/07/2021

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Key Details

Sold Price $2,800,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22031369

Sold Date 05/07/21

Bedrooms 14000

HOA Y/N No

Year Built 1986

Lot Size 0.822 Acres

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.

Location

State CA

County Napa

Area Calistoga

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Exterior

Garage Garage

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Special Listing Condition Offer As Is

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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