Cook Top Range, Dishwasher, Oven, Refrigerator.
Fantastic investment opportunity, second home...or both! Approved by the City of Solvang for short-term rental use, this one-of-a-kind property is ready to start generating income. This is one of only a handful of properties with approved zoning for short-term rental or vacation rental use in Solvang and the Santa Ynez Valley. Nestled in the heart of downtown, in an oasis of tranquility and beauty, the property is just under 4,000 sq ft of beautiful fully-remodeled space: 6 bedrooms, 4 full/2 half baths, 2 kitchens, high beamed ceilings, stunning Great Room, gourmet kitchen. Projected capitalization rates range from 5% to 9% depending on management, rates, and occupancy. Pro forma spreadsheet are available from the listing office.
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