MikeBolen.com

August 2, 2008

Unique Multifamily Single Unit At Silverado Country Club

Filed under: Hotel, Multifamily, Napa — Mike Bolen @ 10:37 am

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Here is a unique multifamily property. This property is located at the high end Napa Valley resort called Silverado Country Club Resort and Spa this luxurious #1 Rated Silverado Resort Clubhouse Condo boasts some of the best features of any hotel condo in the country.

The ground level condo (No Stairs) features a fireplace and easy walking distance from the swimming pool, golf course, Silverado mansion, spa and many other Silverado Resort amenities. Unit rents for $550 per night on hotel rental program take advantage of the excellent Silverado rental income of approximately $25,000 net income to the owner and use personally as desired. A full country club membership may be purchased for a discounted $38,000 the normal fee is $85,000.

Check out the resort here.

Check out the property for sale here.

Here at the RE/MAX Napa Valley office RE/MAX Cornerstone I specialize in multifamily real estate. I am a full time agent working out of my office located in downtown Napa right on the corner of 1st and Main next to the Mondavi Opera House. Feel free to stop by if you’re in the area, email Mike@MikeBolen.com or call me Mike Bolen at 707-254-9999

May 19, 2008

Napa Valley Hotel Sells For $5,250,000

Filed under: Hotel, Napa — Mike Bolen @ 4:27 pm

$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.

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