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Seattle, Washington based Trinity Real Estate has acquired the Plaza Del Sol Apartments in Napa, California for $10.31 million from Sebastopol-based Plaza Del Sol Associates.

The property was not advertised nor offered on the open market for sale. Emphasizing the value of using a full time commercial broker to assist in your acquisitions. Most of the largest and many properties with large upside potential are sold “off market”.  

The Plaza Del Sol Apartments are located near Highway 29 at 713 Trancas St. in the storied Napa Valley wine country. Built in 1970, the apartment complex contains 70 units on 2.94 acres. It was 97 percent occupied at the time of sale and has a unit mix of 30 one-bedroom and 40 two-bedroom apartments. The sale is the largest multifamily deal in Napa since December 2006.

My team and I specialize in off market pocket listings. Over 65% of our sold deals are never advertised and are offered to sale only to buyers represented by our team. To gain access to the off market inventory or to learn how we work with buyers contact Mike Bolen at Mike@MikeBolen.com or 707-254-9999