Napa Valley Hotel Sells For $5,250,000
$308,823 paid per room before renovations. While this figure is high to be sure it doesn’t represent the high water mark of $375,000 paid per room last year on another downtown Napa property. Darcy Tunt purchased the Inn for $5,250,000, Tunt immediately began renovations with a plan to host contemporary and luxurious surroundings in a clean, minimal style.
Downtown Napa’s newest luxury inn, the White House Inn and Spa prepares their debut, after a huge restoration, businesswoman Darcy Tunt owner of the 1801 1st B&B has purchased one of Napa’s oldest B&B’s the elegant 1886 Queen Anne Victorian on Brown Street, formerly known as the Blue Violet Mansion bed and breakfast. The owner plans to reopen the historic inn this summer as the White House Inn and Spa.
Now is the time to invest in Napa Valley real estate. If you are seeking a hotel, multifamily, office or retail real estate investment or even a ultra luxury home priced over $4,000,000 you should meet with my team and I for a private consultation. My office is located on 1st and Main on the busiest corner in Napa Valley. Here at the RE/MAX Napa Valley office RE/MAX Cornerstone my team specializes in off market hard to find investment real estate. Contact me, Mike Bolen at Mike@MikeBolen.com or 707-254-9999.
