Solana Terrace, formerly known as Sonoma Grand, is a 288 unit multifamily property located in Phoenix, Arizona. Originally built in 1985, the property underwent a major renovation in 2013, which included new roofs, HVAC units, exterior paint, façade stonework, renovated common areas, and interior unit upgrades.

Qualifying as a Very Low Income property, our client is able to take advantage of Freddie Mac’s exceptionally low rates and interest only payments to maximize cash flow and the return to their investors.