For Sale
$6,200,000

551 Gateway Dr Napa, CA 94558

Prime Napa location, high NOI, strong cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • Prime Location
  • Highly Motivated Seller
  • Excellent Industry Reputation
  • Confidential Offering Memorandum (COM) available upon request and execution of NDA.

Property Details for 551 Gateway Dr

Property type
Retirement homes
Square Feet
25,602 SF
Year Built/Renovated
1965/2001
Buildings
1
Stories
1

Location Insight

City
Napa
County
Napa
State
California
Latitude
38.2236557
Longitude
-122.2658289

FAQs

What type of property is this?
Retirement home - Prime Napa location, high NOI, strong cap rate.
Where is the retirement home located?
The property is located at 551 Gateway Dr Napa, CA.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Prime Location; Highly Motivated Seller; Excellent Industry Reputation
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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551 Gateway Dr
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