Rosebud Lane Apartments 204 Rosebud Ln 10 Unit Apartment Building $5,750,000 ($575,000/Unit) 3% Cap Rate Saint Helena, CA 94574

This sale includes 204, 232 & 256 Rosebud Lane three well-maintained apartment buildings in St. Helena, CA. The properties consists of two buildings each with four townhouse-style units and one duplex building, totaling ten spacious residences. The townhouse units offer a functional layout with a fireplace in the living room, a spacious kitchen with a large island, a laundry room, and a convenient half bath on the main level. Upstairs, you'll find two bedrooms, including a primary suite with a walk-in closet and an ensuite bathroom with double sinks and a walk-in shower. These properties are just moments away from world class wineries, dining, and shopping. These apartments are rent-restricted however they present a solid investment opportunity in a high-demand area, making them attractive to tenants seeking a comfortable living environment in one of the prime locations in Napa Valley.
These are 2 4-plexes and a duplex being sold together, also including the small piece of land across from 204/232 with benches.Square Footage of buildings and lots is all 3 properties combined. 9 of 10 units are rented. Each unit has a tankless water heater. Each unit has a parking space. Water, sewer and trash included in rent. Well on property that provides irrigation water to Magnolia subdivision.
Offer Memoradum coming soon.