1415 4th St - Multi-Family FOR SALE


Napa, CA 94559
$4,150,000 USD
707-294-2944
1415 4th St, Napa, CA for Sale
$4,150,000 USD
Multi-Family - FOR SALE
1/20
null | Request Cap Rate

1415 4th St
Napa, CA 94559


HIGHLIGHTS

  • Month-to-Month Tenancies
  • Current tenant mix is low/moderate income tenants and 62+ tenants
  • Autonomy in management decisions: No HUD Oversight
  • Well-Maintained property
  • Adequate Parking: 6 onsite spaces

OVERVIEW

Property Overview: Discover an excellent investment opportunity with this well-maintained 12-unit multi-family building, perfectly suited for investors seeking stable income and potential for growth. Each unit is identical, featuring a comfortable one-bedroom, one-bathroom layout. Tenant Profile: • All 12 units are rented on a month-to-month basis, offering flexibility and ease of management. • While there are no formal lease agreements, several tenants have shown long-term commitment, with many residing in their units for over 5 years. • Current rents are below market value, presenting an opportunity to increase revenue. Age and Deed Restrictions: • The property is deed-restricted for tenants aged 62 and older. • There is no HUD oversight or management, allowing for greater autonomy in property management. Parking: • The property includes 6 onsite parking spaces. Condition and Maintenance: • The building has no deferred maintenance issues. Don’t miss out on this unique opportunity to acquire a solid, income-generating property with significant upside potential. Contact us today for more information or to schedule a viewing!

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$773 USD /SF

# OF UNITS

12

PRICE/UNIT

$345,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,935 SF

ZONING

-

APN/PARCEL ID

003-261-006

ASK ABOUT THIS PROPERTY

Michael HolcombW Real EstateMore Info
707-294-2944

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Michael HolcombW Real EstateMore Info
707-294-2944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.