Price

$9,850,000

Closing Date

Jan 01, 1800

MLS#

202401499

Status

ACTIVE

Type

Multifamily

SubType

11 Plus

City

Bakersfield

Area

Southwest

County

Kern

Living Area

23,515

Year Built

1977

Lot Size

53,143

Property Description

We are honored to exclusively present for sale an enticing investment tailored to your needs: a meticulously maintained 64-unit apartment complex in Southwest Bakersfield, 93309. Crafted with your 1031 exchange goals in mind, this property offers a compelling mix of convenience, potential, and effortless ownership. Recent upgrades including new air conditioning units and new roofs, multiple water heaters have been done to ensure minimal hassles and maximum returns for you. With a dependable rental income stream and promising appreciation prospects, this property hits the mark for savvy investors seeking to optimize their exchange. Nestled in a prime location with seamless access to all necessities, from shopping to transportation, the offering guarantees strong demand and consistent occupancy rates.

Additional Information

Stories

2