Sold
306 S Minahen St
Napa CA, 94559
$3,350,000
$675.40 per sqft
Sold
4,960 sqft
Multi-family
Built in 1976
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).
322039863
MLSⓇ ID
February 10, 2024
Updated
Map
306 S Minahen St
Napa CA, 94559
Interior Features
Total Stories
0
Appliances
Dishwasher, Microwave
Laundry Description
In Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.74 Acres
Exterior Features
Landscape Front
Lot Features
Landscape Front
Sewer
Public Sewer
Other Property Details
Area Name
Napa
Garage
No
Parking
Uncovered
Parking Total
12
View
No
County
Napa
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Bought with William Kampton with William Kampton and Listed by Michael Holcomb with Strong & Hayden
Listing Contact:
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