Exceptional investment opportunity featuring a well-maintained 34-unit apartment complex. Condo development that was later converted into a professionally operated apartment community, offering investors flexibility and long-term upside potential. The current ownership has extensively upgraded and meticulously maintained the property, resulting in strong tenant retention and stable rental income consistent with the area's high demand. Ideal for investors seeking a pride-of-ownership asset with proven performance and value-add potential.
| MLS # | CV26103650 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 151 |
| Listing Provided By | RE/MAX CHAMPIONS | Sean Brunske |
| SQ Feet | 1,000 |
|---|---|
| Garage | 34 |
| Story(s) | 2 |
| Units | 34 |
| Building(s) | 12 |
| Acreage | 0.03 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
| Lot Features | Cul De Sac |
|---|
| Parking Features | Direct Access, Garage |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Community Features | Curbs |
|---|
| State | CA |
|---|---|
| County | Kings |
| City | Hanford |
| Zip Code | 93230 |
| Area | 699 Not Defined |
| Listing VS Median (in 93230) | |
Price: $5,895,000 low | high Med: $975,000 sqft: 1,000 low | high Med: 1,658 $ / sqft: $5,895 low | high Med: $588 On site: 151 low | high Med: 43 | |
| State | CA |
|---|---|
| County | Kings |
| City | Hanford |
| Zip Code | 93230 |
| Area | 699 Not Defined |
| Listing VS Median (in 93230) | |
Price: $5,895,000 low | high Med: $975,000 sqft: 1,000 low | high Med: 1,658 $ / sqft: $5,895 low | high Med: $588 On site: 151 low | high Med: 43 | |