Eight-Unit Two-Story Apartment
New
For Sale
$2,495,000
6778 Yount St, Yountville, CA 94599
Eight residences offer consistent two-bedroom, one-bathroom layouts with on-site parking and shared laundry amenities.
Property Size6,935 SF
Days on Market2
Property Features for 6778 Yount St
General Information
Standard status
Active
Size
6,935 SF
Property subtype
Investment
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Parking per Unit
2
Additional Details
Highway Access
Yes
Amenities
digital laundry room
barbecue space
Building Details
Building Size
6,935 SF
Year Built
1971
Buildings
1
Stories
2
Units
8
Construction
Mediterranean
Listed By:
Valerie Caccia
(415) 722-7072
Source:
Elliman
Added: Sep 1
Last Checked: Sep 1 at 10:11PM
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 Valerie Caccia
Investment Insights
Based on property information with market context.
This two-story apartment property at 6778 Yount St. contains eight residences, each configured with two bedrooms and one bathroom. The building dates to 1971 and features a stucco exterior with wrought-iron detailing. Residents have access to a shared digital laundry room, barbecue area, mature landscaping, and established trees. A maintenance closet is positioned beside the laundry room, while a vacant corridor behind the building provides additional common-area flexibility.
Each apartment includes two parking spaces. The property is located near downtown Yountville, with access to Highway 29 and The Napa Valley Vine Trail. Nearby downtown amenities identified in the property information include restaurants, wine-tasting rooms, shops, art galleries, and spas. The location has a Bike Score of 68 and a Walk Score of 78.
Each apartment includes two parking spaces. The property is located near downtown Yountville, with access to Highway 29 and The Napa Valley Vine Trail. Nearby downtown amenities identified in the property information include restaurants, wine-tasting rooms, shops, art galleries, and spas. The location has a Bike Score of 68 and a Walk Score of 78.
Key Highlights
- Eight apartments, each with 2 bedrooms and 1 bathroom
- Two‑story building constructed in 1971
- Two parking spaces per apartment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$110,647
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,212,940
$2.2M
Cap Rate 7%
$1,580,671
$1.6M
Cap Rate 9%
$1,229,411
$1.2M
Market Conditions
NOI Build-Up for 6,935 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$212.2K $30.60/SF
− Vacancy
−$11.0K −$1.59/SF
EGI
$201.2K $29.01/SF
− OpEx
−$90.5K −$13.05/SF
NOI
$110.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,212,940
Cap Rate 7%
$1,580,671
Cap Rate 9%
$1,229,411
Alternative Uses
Best Use
Apartment 5plus
$1.58M
$1.38M – $1.84M
NOI $110,647 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.99M
$12.25M – $16.33M
NOI $979,615 @ 7.0% cap · market cap 39.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
Demographics for 94599, CA
3,540
Population
1,781
Households
2
Avg Household Size
74
Median Age
41%
College-Educated
89%
High-School Grad
7.9 sq mi
ZIP Area
448
Density / Sq Mi
$79,696
Median Household Income
$58,287
Median Earnings
$2,115
Median Rent
$757,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight residences offer consistent two-bedroom, one-bathroom layouts with on-site parking and shared laundry amenities.
Where is this apartment building located?
The property is located at 6778 Yount St Yountville, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Eight apartments, each with 2 bedrooms and 1 bathroom; Two‑story building constructed in 1971; Two parking spaces per apartment
