Artist Rendering
Leadership Retreat
For leadership teams & thought leaders
Designed to inspire innovation, entrepreneurial creativity, focus & clarity
Technically sophisticated, private & secure
Unique concept, potential for a multi-location brand roll-out
THE THOMAS EARL HOUSE
1221 Seminary Street
Napa, CA
$4,200,000
Facts
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Boutique Bed & Breakfast ~ Leadership Retreat
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3-minute walk to Downtown Napa
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Historic Villa & three Cottages
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On the National Register of Historic Buildings
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8 Suites + meeting spaces, 0.31 acres
Status
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Architectural set, CDs, all entitlements & permits
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Phase 1 – construction completed
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Phase 2 – 12 to 14 months to in-revenue occupancy
Financial
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Qualified Opportunity Fund (QOF) in a Qualified Opportunity Zone (QOZ)
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Mills Act Property Tax abatement in place
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Creative Seller Financing Available
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Pro-forma, $3M revenue, $1M NOI
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Custom build-out, $5M for completion
"The Compound" Leadership Retreat Compound
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Meeting & High-level Executive Retreat
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For leadership teams & thought leaders
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Exclusive use for 8 suites + 5 Salons + pool
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Dedicated Resident Concierge
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Technically sophisticated, private & secure
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3-minute walk to downtown Napa
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Designed to inspire innovation, entrepreneurial creativity, focus & clarity
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With entitlements and infrastructure completed, this unique opportunity is ready for the next phase
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See the embedded prospectus below
Current Entitlements
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Architectural Set -- Permitted Construction Documents for 8 Suites ~ 5 Suite Villa + 3 Cottages
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Landscape & hardscape plan, water calculations
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Planning Department - CEQA approval
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Cultural Heritage Commission approval
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Planning Commission approval
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City Council approval
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Napa Sanitation/Sewer
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Title 24
Completed to Date
Phase 1, Infrastructure:
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Grading & underground infrastructure
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Retaining walls, new fence
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Re-engineered soil
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Trenching for gas/electric and all conduits placed
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Winterized with bio-swales
Approved Site Plan