600 Hosking Ave - Apartments FOR SALE


Bakersfield, CA 93307- South Bakersfield
$879,999 USD
661-616-3585
600 Hosking Ave, Bakersfield, CA for Sale
$879,999 USD
Apartments - FOR SALE
1/20
null | 6.45% Cap Rate

600 Hosking Ave
Bakersfield, CA 93307
South Bakersfield


HIGHLIGHTS

  • Luxury units in South Bakersfield near schools and new shopping
  • 2 and 3 bedroom townhomes
  • Updated units

OVERVIEW

Located in the growing South Bakersfield submarket, this well-maintained four-unit townhome investment opportunity offers strong cash flow with a gross scheduled income of $85,800 and attractive community amenities that enhance long-term tenant appeal. Priced at $879,999, the property features an excellent unit mix consisting of two spacious 3-bedroom/2-bath townhomes and two 2-bedroom/1.5-bath townhomes, all with laundry hookups and covered parking. The units have been thoughtfully maintained with newer appliances in most units and updated finishes where needed, providing a clean and attractive living environment for residents. The HOA maintains the gated community to a high standard and provides tenants with access to a swimming pool, playground, basketball court, sports field, and fitness center, creating a desirable residential setting in one of Bakersfield’s expanding rental markets

FOR SALE DETAILS

PRICE

$879,999 USD

PRICE/SF

$1 USD /SF

# OF UNITS

4

PRICE/UNIT

$220,000

CAP RATE

6.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Valley Luxury Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-2UD

APN/PARCEL ID

516-470-13-00-5,516-470-31-00-0,516-470-52-00-8

ASK ABOUT THIS PROPERTY

Marc ThurstonMarc A. Thurston Apartment Real EstateMore Info
661-616-3585

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Marc ThurstonMarc A. Thurston Apartment Real EstateMore Info
661-616-3585

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