This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Kimbell Ln
Hanford, CA 93230
Monte Vista · Land For Sale
·
3.22 AC

INVESTMENT HIGHLIGHTS
- The Project will be delivered completely built out, ready to buy and start leasing
- Market-wide occupancy rates of approximately 95.1%
- Anticipated rental rates of 5 units per month
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Residence |
| Property Subtype | Residential | Total Lot Size | 3.22 AC |
| Zoning | R-L-5 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 3.22 AC |
| Zoning | R-L-5 |
DESCRIPTION
Monte Vista is a 40 unit build for rent residential development that includes two-story single-family detached homes in a thoughtfully designed community with private outdoor space. Located in the rental-constrained market of Hanford, the Project will be a first of its kind as well as the most recent comparable rental community built since 2015. As a result of the constrained conditions, Hanford has experienced nearly 2 years of rapid rent growth and elevated occupancy rates. Comparable rental communities are 95% occupied, on average, and 95.1% market-wide. Monte Vista’s goal is to be exceedingly advantageous to investors: a fully constructed development in a supply constrained California market. The Project will be delivered with all horizontal and vertical construction in place.
LINKS
Listing ID: 27547572
Date on Market: 1/19/2023
Last Updated:
Address: Kimbell Ln, Hanford, CA 93230
The Land Property at Kimbell Ln, Hanford, CA 93230 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
