Current Use by Public Records
- Retirement homes
Property Details for 551 Gateway Dr
- Year built
- 1965
- Property type
- Retirement homes
Description
This exceptional 25,602 square foot assisted living facility, built in 1965 and renovated in 2001, presents a compelling investment opportunity. Located on a spacious 59,000 square foot lot at 551 Gateway Dr, Napa, CA 94558, this single-story building enjoys a prominent position within the Napa community. The property boasts a strong reputation and is well-established within the senior care industry. Financial highlights include an asking price of $6,200,000, a pro-forma NOI of $707,625, and an attractive pro-forma cap rate of 11.41%. The price per square foot is $242.17. The seller is motivated and eager to facilitate a smooth transaction. This is an excellent opportunity to acquire a well-regarded assisted living facility in a desirable Napa location. Further details are available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Napa
- County
- Napa
- State
- California
- Longitude
- -122.266
- Latitude
- 38.2237
