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1400-1401 Valhalla Drive

Bakersfield, CA 93309
  • $9,850,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: 202401499
$9,850,000
  • 0
    BEDS
  • 1.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,515
    SQFT
  • $419
    $/SQFT
Neighborhood:
52
Type:
Multi-Family
Built:
1977
County:
Area:
52

School Information

Elementary School:
Middle School:
High School:
School District:

Description

We are honored to exclusively present for sale an enticing investment tailored to your needs: a meticulously maintained 64-unit apartment complex in Southwest Bakersfield, 93309. Crafted with your 1031 exchange goals in mind, this property offers a compelling mix of convenience, potential, and effortless ownership. Recent upgrades including new air conditioning units and new roofs, multiple water heaters have been done to ensure minimal hassles and maximum returns for you. With a dependable rental income stream and promising appreciation prospects, this property hits the mark for savvy investors seeking to optimize their exchange. Nestled in a prime location with seamless access to all necessities, from shopping to transportation, the offering guarantees strong demand and consistent occupancy rates.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-05-18T23:31:50.88.
www.kerncountyhouse.com/homes/147618315
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1400-1401 Valhalla Drive Bakersfield, CA 93309

  • Price: $9,850,000
  • Status: Active
  • On Site: 94 Days
  • ID#: 202401499
0
Beds
0
Baths
0
½ Baths
1.22
Acres
23,515
SQFT
$419
$/SQFT
1977
Built
Neighborhood:
52
County:
Kern
Area:
52
Elementary School:
Munsey, Millie
Middle School:
Curran
High School:
West
School District:
Bakersfield City
Property Description
We are honored to exclusively present for sale an enticing investment tailored to your needs: a meticulously maintained 64-unit apartment complex in Southwest Bakersfield, 93309. Crafted with your 1031 exchange goals in mind, this property offers a compelling mix of convenience, potential, and effortless ownership. Recent upgrades including new air conditioning units and new roofs, multiple water heaters have been done to ensure minimal hassles and maximum returns for you. With a dependable rental income stream and promising appreciation prospects, this property hits the mark for savvy investors seeking to optimize their exchange. Nestled in a prime location with seamless access to all necessities, from shopping to transportation, the offering guarantees strong demand and consistent occupancy rates.
Exterior Features

Garages 0 Parking Carport Parking Spaces 0.00

Property Features

Annual Gross Income 764556.00 Annual Net Income 466647.00 Cap Rate 0.05 Disclosures None of the Above Multifamily Type 11 Plus Total Annual Expense 257874.00 Vacancy Factor 5.00

Listing courtesy of Esteban Contreras of Central Valley Property Advisors: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-05-18T23:31:50.88.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301