2321 Adrian St | 2321 Adrian St
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2321 Adrian St 2321 Adrian St
4 Unit Apartment Building $1,795,000 ($448,750/Unit) 6.50% Cap Rate Napa, CA 94558
Investment Highlights
- Great Location
Executive Summary
The Owner has begun taking tenants and has rented two of the units at $2,900/mo. Turnkey four plex close to downtown Napa. This property has gone through a major renovation: New cool roof, plumbing, windows, flooring, paint, drywall, insulation, subpanels, stucco, Hardie board siding, fixtures, appliances, cabinets, bathrooms, interior solid doors & new asphalt driveway & parking lot. Private parking in the back for each unit. The coin operated laundry room has two washers and two dryers. The units have not been used and are vacant.
Property Facts
Price | $1,795,000 | Apartment Style | Low Rise |
Price Per Unit | $448,750 | Building Class | B |
Sale Type | Investment | Lot Size | 0.20 AC |
Cap Rate | 6.50% | Building Size | 3,232 SF |
Gross Rent Multiplier | 12 | Average Occupancy | 0% |
No. Units | 4 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 1972/2024 |
Property Subtype | Apartment | Cross Streets | Lincoln Ave |
Price | $1,795,000 |
Price Per Unit | $448,750 |
Sale Type | Investment |
Cap Rate | 6.50% |
Gross Rent Multiplier | 12 |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.20 AC |
Building Size | 3,232 SF |
Average Occupancy | 0% |
No. Stories | 2 |
Year Built/Renovated | 1972/2024 |
Cross Streets | Lincoln Ave |
Unit Amenities
- Hardwood Floors
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 4 | $3,000 | 808 |
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Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
Parcel Number | 001-142-013 | Improvements Assessment | $625,000 |
Land Assessment | $275,000 | Total Assessment | $900,000 |
PROPERTY TAXES
Parcel Number
001-142-013
Land Assessment
$275,000
Improvements Assessment
$625,000
Total Assessment
$900,000
zoning
Zoning Code | RI4 (Quadruplex) |
RI4 (Quadruplex) |
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2321 Adrian St | 2321 Adrian St
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