24-Unit Townhouse Apartment
For Sale
Contact for pricing
Pending
101 Freeway Drive, Napa, CA 94558
Townhouse-style residences include private patios or backyards, on-site laundry, parking, and a covered community pool.
Property Size22,848 SF
Days on Market131
Property Features for 101 Freeway Drive
General Information
Standard status
Pending
Size
22,848 SF
Property subtype
Multifamily
Zoning
RM
Units
Unit Mix
24 x 2BR/1.5BA
Multifamily Units
24
Additional Details
Highway Access
Yes
Amenities
well-manicured landscaping
on-site laundry facility
covered community swimming pool
private patios/backyards
Building Details
Year Built
1973
Listing Agency:
Colliers - Oakland, California
Listed By:
Ryan Rodriguez · License #CA 01304358
(510) 986-6770
Source:
Crexi
Added: Jun 8
Changed: Oct 3
Last Checked: Oct 16 at 8:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Oakland, California
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Investment Insights
Based on property information with market context.
This 24-unit apartment property in Napa, California, is configured as townhouse-style residences with an all-two-bedroom, 1.5-bathroom unit mix. Each residence includes a private patio or backyard, creating individual outdoor space within the community. Property amenities include landscaped grounds, on-site parking, a laundry facility, and a covered swimming pool.
The property offers access to the CA-29 corridor and is positioned near Napa Valley employment hubs, academic centers, and retail destinations. Its setting combines access to regional destinations with a suburban residential environment. The combination of townhouse layouts, consistent unit configuration, private outdoor areas, and community amenities defines the property's physical offering.
The property offers access to the CA-29 corridor and is positioned near Napa Valley employment hubs, academic centers, and retail destinations. Its setting combines access to regional destinations with a suburban residential environment. The combination of townhouse layouts, consistent unit configuration, private outdoor areas, and community amenities defines the property's physical offering.
Key Highlights
- 24‑unit apartment community in Napa, California
- All units are 2‑Bedroom, 1.5‑Bathroom townhouse style residences
- Private patios or backyards accompany every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$364,536
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,290,720
$7.3M
Cap Rate 7%
$5,207,657
$5.2M
Cap Rate 9%
$4,050,400
$4.1M
Market Conditions
NOI Build-Up for 22,848 SF
Gross rent
$699.1K $30.60/SF
− Vacancy
−$36.4K −$1.59/SF
EGI
$662.8K $29.01/SF
− OpEx
−$298.3K −$13.05/SF
NOI
$364.5K $15.95/SF
Area
Napa County, CA
Vacancy
5.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,290,720
Cap Rate 7%
$5,207,657
Cap Rate 9%
$4,050,400
Alternative Uses
Best Use
Apartment 5plus
$5.21M
$4.56M – $6.08M
NOI $364,536 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$46.11M
$40.34M – $53.79M
NOI $3,227,433 @ 7.0% cap · market cap 61.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
24
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
796
Businesses Nearby
Explore this area
Business Placement
Demographics for 94558, CA
65,473
Population
27,402
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
85%
High-School Grad
399.9 sq mi
ZIP Area
164
Density / Sq Mi
$109,444
Median Household Income
$51,955
Median Earnings
$2,248
Median Rent
$855,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Townhouse-style residences include private patios or backyards, on-site laundry, parking, and a covered community pool.
Where is this apartment building located?
The property is located at 101 Freeway Drive Napa, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 24‑unit apartment community in Napa, California; All units are 2‑Bedroom, 1.5‑Bathroom townhouse style residences; Private patios or backyards accompany every unit
