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$1,300,000
12 Beds ⋅ 8 Baths ⋅ 653164 MLS
Investment Opportunity in Visalia, CA! Well-maintained 8-unit apartment complex offers an excellent opportunity for investors looking to expand their real estate portfolio. Situated on a corner lot, the property features a balanced unit mix of four 1-bedroom/1-bath units and four 2-bedroom/1-bath units. Multiple units have been updated flooring, kitchens featuring new countertops, appliances, and fixtures, as well as bathrooms with updated tub/showers, vanities, countertops, and fixtures, helping reduce future capital expenditures. Vacant units can be delivered either leased or vacant, giving you the flexibility to place your own tenants. Please do not walk the grounds or disturb the tenants. Contact us today for additional information.

800 W Murray Avenue, Visalia
$6,290,000
87 Beds ⋅ 40 Baths ⋅ 651465 MLS
Giant Sequoia Village at 615 S Demaree St is a 40 unit multifamily community offered at an approximately 6.3 percent day-1 cap rate. This is a value acquisition built on strong in-place cash flow. The property generates over $51,700 per month in scheduled rents, delivering an attractive going-in yield from day one. The unit mix consists of 33 two bedroom one bathroom units and 7 three bedroom one bathroom units, with no studios or one bedrooms. These family sized floor plans average roughly 850 square feet and total 34,038 square feet on a 1.41 acre lot. The asset is well positioned for a hands-off owner, with on-site management, two laundry rooms leased through WASH, and a swimming pool. In-place rents also sit modestly below market on a number of long tenured leases, offering incremental upside over time. Multifamily assets of this scale rarely trade in Visalia, making this an excellent fit for 1031 exchange buyers, regional operators expanding in the Central Valley, and investors seeking durable stabilized cash flow.

615 S Demaree Street, Visalia

Based on information from the Fresno Association of REALTORS® as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker 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.