3737 Soranno Ave - Apartments FOR SALE


Bakersfield, CA 93309- Wible Orchard
$550,000 USD
661-549-7877
3737 Soranno Ave, Bakersfield, CA for Sale
$550,000 USD
Apartments - FOR SALE
1/15
null | 5.12% Cap Rate

3737 Soranno Ave
Bakersfield, CA 93309
Wible Orchard


OVERVIEW

Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

4

PRICE/UNIT

$137,500

CAP RATE

5.12%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3737 Soranno Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,660 SF

ZONING

R3

APN/PARCEL ID

440-172-04-00-4

ASK ABOUT THIS PROPERTY

Ken AustinKeller Williams Realty TehachapiMore Info
661-549-7877

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Ken AustinKeller Williams Realty TehachapiMore Info
661-549-7877

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