Proforma Cap Rate 7.14% Proforma GRM 9.59 This quaint multi-family property is located minutes from Solvang’s downtown tourist district. This 2-story multi-family apartment building features mid-century modern flair, common area laundry room, and off-street parking. Unit mix includes (1) spacious 3-bed unit downstairs with back patio & yard, (1) large 2-bed unit with a fabulous covered patio overlooking the mountain range, and (2) 1-bed units, offering a unit style for everyone. Updates within the last 5 years include new furnaces, new siding & paint, new dual pane windows, new roof & much more. New sewer mains & concrete driveway were installed in 2016. This is a “Walker’s Paradise” with a Walk Score of 90 due to its proximity to restaurants, shops, wine tastings, parks & more.