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Property Detail

1314 McKinstry St, Napa, CA 94559, USA
Excellent Hotel in the heart of the Wine Country, managed by The Westin team
$765,000

Description

INVESTMENT HIGHLIGHTS

  • 3% Cap Rate, Downtown Napa, Vacation Condo with Professional Management
  •  
  • Your gateway to fine dining and wine tasting for up to 56 days a year.
  • Carefree investment, Fee simple ownership, NOT a timeshare

EXECUTIVE SUMMARY

Excellent Hotel in the heart of the Wine Country, managed by The Westin team, beautifully situated in Downtown Napa on the Napa River, next to the Oxbow Commons and across the street from the Wine Train Depot. Michelin rated La Toque Restaurant on site, as well as the casual Bank Restaurant. Excellent bar with expansive wine menu plus an inviting patio. For your enjoyment there is a gym, a salt-water pool and spa, bocce courts and behind the hotel the River Trail meanders along the Napa River, perfect for walking or biking. Conference facilities are available and the large north patio offers a perfect setting for weddings or other special events. The room composition consists of studios, one bedroom units of various sizes and a 20 large 2 bedroom 3 bath units where the second bedroom can be rented separately as a hotel room without a kitchen. The condo ownership is Fee Simple, NOT a time share. Unit #2083 is large, 730 square feet, 1 bedroom with living room, dining area and full sized kitchen. The balcony offers views to the north over the downstairs patio, Ideal for the owner who periodically visits the valley on business, or who wants a convenient vacation get away. No management and maintenance inconveniences that come with a second home, and you still get income. Whenever you are not here, the condo is becomes a part of the Westin hotel room inventory. Information packet available upon request.

 

1 UNIT AVAILABLE

Unit 2083

DESCRIPTION

Ideal Owner Vacation/Investment opportunity in Downtown Napa with plenty of room to relax.  Rarely available spacious, over 700 sa. ft., 1-bedroom condo-hotel unit on the second floor with its own kitchen and balcony all within walking distance to the famous Oxbow district and world class dining, plus the Napa downtown with 50 tasting rooms from wine to olives to brandy.   Excellent shopping and several relaxed eateries with varied dining choices plus several music/entertainment venues.  The Napa River offers it's own activities like kayaking, fishing and even a gondola ride.   If you really just like to decompress, stay at the hotel and enjoy the salt-water pool and spa, or enjoy a game of bocce or rev up your heart rate  at the downstairs gym.  The Michelin rated LaToque Restaurant is also on the premises as is the informal Bank Restaurant and the relaxed bar with an excellent wine selection along with mocktails.

SALE NOTES

Vacation in comfort in your own large, over 700 square foot, 1 bedroom condo.  Peaceful view from the balcony and a perfect kitchen to eat in, if you so choose.

 

Heli Sairanen

+1 707-258-5200

Specification

General

  • 87667
  • 4.8000
  • Investment
  • CH/ FP (Commercial)
  • 2008

Financials

  • 23869
  • 3.12

Hospitality

Westin Verasa Napa

# 142

SKU: 142

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