3015 Wilson Rd - Apartments FOR SALE


Bakersfield, CA 93304- Wible Orchard
$9,500,000 USD
661-885-6968
3015 Wilson Rd, Bakersfield, CA for Sale
$9,500,000 USD
Apartments - FOR SALE
1/4
null | 6.13% Cap Rate

3015 Wilson Rd
Bakersfield, CA 93304
Wible Orchard


HIGHLIGHTS

  • Unique 200 Unit Multifamily Repositioning Opportunity
  • Offered At Only $46,500 per Unit
  • Delivered Fully Vacant for Immediate Renovation and Lease-Up

OVERVIEW

Plaza Towers presents a rare opportunity to acquire a 200-unit multifamily community consisting of a 12-story residential tower and adjacent 6-story annex in Bakersfield. Offered at $9,500,000 ($47,500/unit), the property features 126 one-bedroom units, 73 studios, and one two-bedroom unit totaling 135,472 SF. Long-term institutional ownership and significant investment in major building systems provide a solid foundation for future ownership, while the property's scale, centralized configuration, panoramic upper-floor views, gated access, elevators, on-site laundry, community areas, and covered and uncovered parking distinguish it within the Bakersfield multifamily market. Contact listing agents for the Offering Memorandum and additional information.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$42 USD /SF

# OF UNITS

200

PRICE/UNIT

$47,500

CAP RATE

6.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plaza Towers and Annex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

12

YEAR BUILT

1970

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3.12 AC

LAND SF

136,090 SF

ZONING

C-2

APN/PARCEL ID

023-500-11-01-3,023-500-22-00-6,023-500-23-00-9

ASK ABOUT THIS PROPERTY

Caleb FiskASU CommercialMore Info
661-885-6968

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Caleb FiskASU CommercialMore Info
661-885-6968

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