tenuta estate vineyard & winery...tenuta estate vineyard & winery is currently operated as a...

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Page 1 of 6 Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94550 Ralph Watkins 2811 Castro Valley Blvd. Suite 205 Castro Valley CA 94546 BRE: 00977204 510 278-2121 Irreplaceable. Estate Home 5,287 sq. ft. 6 Bed / 4.5 Bath 15,000 Sq. Ft. Production Facility and Tasting Room 21.05 Acre Lot 17.00 +/- Acres Planted Vineyard

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Page 1: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

Page 1 of 6

Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94550

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121

Irreplaceable. Estate Home 5,287 sq. ft. 6 Bed / 4.5 Bath 15,000 Sq. Ft. Production Facility and Tasting Room 21.05 Acre Lot 17.00 +/- Acres Planted Vineyard

Page 2: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

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Confidentiality and Disclaimer

The information contained in this marketing brochure (“Materials”) is proprietary and confidential. It is in-tended to be reviewed only by the person or entity re-ceiving it from Watkins Real Estate (“Agent”). The Ma-terials are intended to be used for the sole purpose of preliminary evaluation of the subject property (“Property”) for potential purchase. The Materials have been prepared to provide unverified summary financial, physical and market information to prospective buyers to enable them to establish a pre-liminary level of interest in potential purchase of the Property. The Materials are not to be considered fact. The information contained in the Materials is not a sub-stitute for thorough investigation of the financial, physi-cal and market conditions relating to the Property. The information contained in the Materials has been obtained by Agent from sources believed to be reliable, however, no representation or warranty is made regard-ing the accuracy or completeness of the Materials. Agent makes no representation or warranty regarding the Property, including but not limited

to: expenses, or financial performance (past, present or future); size, square footage, condition or quality of the land and improvements; presence or absence of con-taminating substances (PCB’s, asbestos, mold, etc.); compliance with laws and regulations (local, state and federal); or, financial condition or business prospects of any tenant (tenants intentions regarding continued oc-cupancy, payment of rent, etc.). Any prospective buyer must independently investigate and verify all of the in-formation set forth in the Materials. Any prospective buyer is solely responsible for any and all costs and ex-penses incurred in reviewing the Materials and/or inves-tigating and evaluating the Property. The property is subject to a conditional use permit issued by the City of Livermore. All potential purchasers should contact the City of Livermore to obtain use conditions and any other investigatory information they deem necessary. By receiving the Materials you are agreeing to the Confidentiality and Disclaimer set forth herein. All Property showings are by appointment only and must be coordinated through the Listing Agent.

Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94550

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121

Page 3: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

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Tuscan Mansion in exclusive Ruby Hill Estates! Stunning views of Mount Diablo.

Paired with an active 15,000 sq. ft. Winery Produc-tion Facility and Tasting Room. 21.05 Acre Estate (17 +/- Acre Planted Vineyard). Huge upside in-come potential from wine production and sales!

Tuscan Inspired Estate Home. 6 bedroom, 5 bath-room (3 full/2 half bath), 5,287 sq. ft. Chefs Kitchen, Master Suite, Finished to the highest standard.

Conveniently located in Livermore Valley’s Award Winning Wine Country.

Nothing else like this property exists in Ruby Hill Estates. Run your winery and live in your custom Tuscan Villa while soaking in views of Mount Diablo.

Close to all amenities Dining, Shopping, Transpor-tation (BART and ACE train). 45 miles to San Fran-cisco. Minutes NOT Hours (25-35 miles) to Silicon Valley, Google, Apple, Intel, Cisco, Facebook, HP, Netflix, E Bay, Oracle, etc..., etc…

For more detail, video and pictures see the web-site www.633kalthoff.com

Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94550

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121

Property Details:

Page 4: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

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Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94550

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121

Pricing: Offered at: $7,900,000

Price/Sq Ft: $325.28

Property Size: Lot Size: 21.05 Acres Planted: 17.00 Acres

Home Size: 5,287 sq. ft. Production Facility (Approx.): 15,000 sq. ft.

Total structure: 24,287 sq. ft.

Business Description: Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties.

The winery produces estate and non-estate varietals for sale on site, off site and through wine club membership.

The production facility offers complete wine production from crush to bottle as well as wine storage. Tenuta also hosts small corporate and private events on site.

The property offers unlimited potential avenues for in-crease in business Revenue streams. Including but not limited to: Additional events, Increase in custom crush activities, House can be used as a BNB, Sales of shiners (unlabeled case goods), etc...

Page 5: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

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Gross Income 2015 2016

Gross Income (wine/production/event) $388,740 $325,657 Lease (contract bottling/storage) $119,611 $100,203 Event $89,708 $75,151

Annual Expenses

Cost of Goods $58,040 $66,396 Property Tax (New Purchase/Williamson) $78,000 $78,000 Insurance $4,320 $4,320 PG&E $29,924 $28,371 Business Tax/License $38,495 $41,895 Zone 7/Water $2,580 $2,580 Contract Labor $73,527 $57,724 Advertise/Office $19,190 $12,787 Equipment $16,816 $12,809 Other expense (Ship/Bank/Supplies) $38,547 $47,033 Total Expenses $359,439 $351,915 Net Operating Income $238,620 $149,096

Adjusted Gross Income $598,059 $501,011

Price $7,900,000 $7,900,000 Cap Rate (based on full purchase price) 3.02% 1.88% Cap Rate *(based on business value of $3,900,000) 6.11% 3.82% *Assumes house and land is worth $4,000,000

Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94550

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121

Page 6: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

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Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94560

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121

Page 7: Tenuta Estate Vineyard & Winery...Tenuta Estate Vineyard & Winery is currently operated as a boutique winery and production facility for third parties. The winery produces estate and

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Tenuta Estate Vineyard & Winery 633 Kalthoff Common Livermore CA 94560

Ralph Watkins

2811 Castro Valley Blvd.

Suite 205

Castro Valley CA 94546

BRE: 00977204

510 278-2121