$9,850,000
Sqft: 23,515
Sqft lot: 53,143
Acre lot: 1.22
63 Days On Market

Courtesy of Esteban Contreras, Central Valley Property Advisors 152519214

Status: Active
Property Type: 11 Plus
Year Built: 1977
Days On Website: 63

Property Details for 1400 1401 Valhalla Drive, Bakersfield, CA 93309

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.

Listing

  • Listed on 2024-02-14 00: 00:00

Location

  • City: Bakersfield
  • ZIP code: 93309
  • Area: 52
  • County: Kern

Building

  • Built in 1977
  • 23,515 square feet
  • 64 units

Parking

  • Carport

Lot

  • Lot measurement: SqFt
  • Lot is 53,143 square feet

Miscellaneous

  • Annual gross income: $764,556
  • Annual net income: $466,647
  • Total annual expense: $257,874

Map View


$9,850,000 - 1400 1401 Valhalla Drive, Bakersfield, CA 93309

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1400 1401 Valhalla Drive
Bakersfield, CA 93309
City: Bakersfield