1911 Flower St - Multi-Family FOR SALE


Bakersfield, CA 93305- East Bakersfield
$750,000 USD
805-453-8353
1911 Flower St, Bakersfield, CA for Sale
$750,000 USD
Multi-Family - FOR SALE
1/6
null | 5.2% Cap Rate

1911 Flower St
Bakersfield, CA 93305
East Bakersfield


HIGHLIGHTS

  • 6-Unit Multifamily Investment Opportunity
  • Attractive 5.2% Cap Rate
  • 10.3 GRM
  • 3,120 SF Apartment Building
  • 8,712 SF Lot

OVERVIEW

Meticulously maintained 6-unit complex in the popular East Bakersfield area near Kern Medical Center. The property has been well cared for, with units kept in excellent condition both inside and out. Each unit features a 1-bedroom, 1-bath layout currently renting in the $1,000/month range. The property offers fenced yard areas with well-maintained lawns and landscaping, creating a pleasant environment for tenants. Utilities include individually metered gas and electric. Secure, happy tenants in place.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

6

PRICE/UNIT

$125,000

CAP RATE

5.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1911 Flower St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

138-032-02-00-3

ASK ABOUT THIS PROPERTY

Philip JordanJordan Apartment GuysMore Info
805-453-8353

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Philip JordanJordan Apartment GuysMore Info
805-453-8353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.