Historical Multifamily Sale Listing - Hanford 4-Plex

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Hanford 4-Plex

2041 - 2047 Carter Way, Hanford, CA 93230

N/A

4 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
4,400 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/Triplex/Fourplex
Additional Sub-types:
Garden/Low-Rise
Government Subsidized
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
5.40%
Occupancy:
100%
No. Stories:
1
Year Built:
1993
Lot Size:
15,444 SF
Listing ID
14228267
Last Updated
over 1 year ago

Highlights

  • Incredible Location
  • Low Maintenance
  • Newer Units
  • 100% Occupied
  • Attached Garages

Description

Located within a quiet & safe single family neighborhood, this four-plex is a bread and butter deal to the knowledgeable investor. Being built in 1993, this property has little to no deferred maintenance without common walls. The arrangement of these units include two single story duets facing each other with a shared driveway. These 1,100+ SF units all have fully enclosed, attached garages, which provide the common wall between the units and well managed landscaping. With minimal deferred maintenance, a solid tenant base, and an incredible location, this property will prove to be a solid investment.

The city of Hanford, incorporated in 1891, has small town charm and plenty of history. Being thirty miles south of Fresno, Hanford has been experiencing exponential growth. This "Americana town" serves as the county seat for Kings County. With affordable housing and location to Fresno & Visalia, Hanford serves as the ideal city for a value-play investment.

Map of 2041 - 2047 Carter Way, Hanford, CA 93230 (Kings County)

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