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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14BEDS
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0.82ACRES
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1BATHS
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01/2 BATHS
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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