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Vintage Walk - 10 Townhome Condos 593 Avenue Of Flags 10 Unit Apartment Building $4,695,000 ($469,500/Unit) 3.47% Cap Rate Buellton, CA 93427



INVESTMENT HIGHLIGHTS
- 10 well-designed townhomes in a vibrant, walkable neighborhood.
- Near Santa Barbara wine country.
- (8) two-bedroom / 2-bath + (2) three-bedroom / 2-bath.
- Seller may be open to carrying papers.
EXECUTIVE SUMMARY
This is a rare opportunity to acquire 10 well-designed townhomes in Buellton’s Vintage Walk community, a vibrant, walkable neighborhood just 35 minutes north of Santa Barbara and surrounded by the renowned Santa Ynez Valley wine country.
Built in 2008, these two-story condominiums combine timeless California cottage architecture with modern comforts. Each home features spacious living areas with fireplaces, high ceilings, walk-in closets, and private master suites. Dual-pane windows, double-wall construction, and thoughtful sound insulation ensure privacy and comfort, while two reserved parking spaces per unit add convenience.
With separately metered utilities, flexible floor plans – (8) two-bedroom / 2-bath + (2) three-bedroom / 2-bath – and a prime location in Buellton’s future Town Center, Vintage Walk offers both lifestyle appeal and long-term investment strength. *Per comps page.
Seller may be open to carrying papers.
Built in 2008, these two-story condominiums combine timeless California cottage architecture with modern comforts. Each home features spacious living areas with fireplaces, high ceilings, walk-in closets, and private master suites. Dual-pane windows, double-wall construction, and thoughtful sound insulation ensure privacy and comfort, while two reserved parking spaces per unit add convenience.
With separately metered utilities, flexible floor plans – (8) two-bedroom / 2-bath + (2) three-bedroom / 2-bath – and a prime location in Buellton’s future Town Center, Vintage Walk offers both lifestyle appeal and long-term investment strength. *Per comps page.
Seller may be open to carrying papers.
PROPERTY FACTS In Escrow
| Price | $4,695,000 | Building Class | C |
| Price Per Unit | $469,500 | Lot Size | 0.02 AC |
| Sale Type | Investment | Building Size | 14,640 SF |
| Cap Rate | 3.47% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | RM-16 | ||
| Price | $4,695,000 |
| Price Per Unit | $469,500 |
| Sale Type | Investment |
| Cap Rate | 3.47% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 14,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | RM-16 |
AMENITIES
UNIT AMENITIES
- Microwave
- Washer/Dryer
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Walk Score®
Very Walkable (70)
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MATTERPORT 3D EXTERIOR
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Vintage Walk - 10 Townhome Condos | 593 Avenue Of Flags
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