2440 Old Sonoma Rd | Napa, CA 94558
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This Multifamily Property is no longer advertised on LoopNet.com.
2440 Old Sonoma Rd
Napa, CA 94558
Woodland Apartments · Multifamily Property For Sale
·
41 Units

INVESTMENT HIGHLIGHTS
- Exceptional value-add opportunity with multiple repositioning scenarios
- Existing one-bedroom rents are approximately 41% below comparable renovated assets
- Large parcel of approximately 1.34 acres
- Priced at only $167,000 per unit, well below replacement cost
- Napa projected to maintain high occupancy throughout the next 4-5 years
- Large fenced pool at the rear corner of the property
PROPERTY FACTS
| No. Units | 41 | Lot Size | 1.38 AC |
| Property Type | Multifamily | Building Size | 25,531 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 3.92/1,000 SF |
| Zoning | RH-18, Napa | ||
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 25,531 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 3.92/1,000 SF |
| Zoning | RH-18, Napa |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
| 2+1 | 17 | - | - |
PROPERTY TAXES
| Parcel Number | 004-410-010 | Improvements Assessment | $5,518,281 |
| Land Assessment | $2,069,355 | Total Assessment | $7,587,636 |
PROPERTY TAXES
Parcel Number
004-410-010
Land Assessment
$2,069,355
Improvements Assessment
$5,518,281
Total Assessment
$7,587,636
Listing ID: 22843230
Date on Market: 4/26/2021
Last Updated:
Address: 2440 Old Sonoma Rd, Napa, CA 94558
The Westwood Multifamily Property at 2440 Old Sonoma Rd, Napa, CA 94558 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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