Property details
Bakersfield Multifamily For Sale, Pacific West Region
Property Description
Bakersfield Multifamily For Sale
20 UNITS
RENT RANGE: $870 - $1000 (20) 2 - BED / 1.75 - BATH UNITS
Pride of Ownership
Large 2 bedrooms
Upper NE rental Location
Swimming pool
Comp Shingle Roofs
Granite counters in most units
Carports
Laundry Room + Hookups
Ceramic tile floors
Approx. 20,730 SQ FT
Built in 1964
2% citywide vacancy
An additional 52 units are available which makes a Portfolio of 72 units available. Great opportunity to acquire a rare portfolio on income-producing multifamily. The total price for the portfolio is $7,070,000.
Images
Highlights
- Status:
- Available
- Price:
- $2,060,000
- Cap Rate:
- 5.26%
Property Information
- Property Type:
- Apartments
- Industry Type:
- Apartment - Multifamily
- Units/Spaces:
- 20
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.