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1601 Lotus Ln
Bakersfield, CA 93307

$6,700,000 USD

Apartments For Sale  •  78,804 SF

Property Details

• Property Type Apartments
• Total Building Size 78,804 SF
• Lot Size 4.78 AC
• Building Class C
• Year Built 2009
• Zoning R-2

26 Transit Score

19 Walk Score

Highlights

IRS Section 42 LIHTC Restricted. Built in 2008 With Extended Use Restrictions on Regulatory Agreement for 55 Years.

Unique Opportunity to Purchase 70+ Units of 2008 Construction at well below Replacement Value

Excellent Unit Make Up With 36-Two-Bedrooms, 33-Three-Bedrooms, and 4-Four-Bedrooms

Amenities

• 24 Hour Access
• Laundry Facilities
• Heating
• Recycling
• Kitchen
• Range
• Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Bakersfield (San Joaquins - Amtrak)	9 min	-	4.0 mi
Airport	Drive	Walk	Distance
Meadows Field	22 min	-	10.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	81
Type:	Covered
Included in Rent:	Yes