729 L St - Apartments FOR SALE


Bakersfield, CA 93304
$4,200,000 USD
661-330-1283
729 L St, Bakersfield, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/12
null | 5.65% Cap Rate

729 L St
Bakersfield, CA 93304


HIGHLIGHTS

  • 8 Individually Parceled Duplexes Built in 2008
  • Upside Potential in Market Rents
  • Prime Location in Desirable Rental Area
  • Spacious 3-Bedroom Units with Excellent Amenities
  • Operational Upside and Economies of Scale
  • Can be purchased with 331 Pacheco Ave as a portfolio of 48 Units

OVERVIEW

For More Information Please Click On the Landing Page URL In The Link Section Below. Upside Potential in Market Rents Prime Location in Desirable Rental Area Spacious 3-Bedroom Units with Excellent Amenities Operational Upside and Economies of Scale (as a portfolio) Can be purchased with 331 Pacheco for a total of 48 Units

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

16

PRICE/UNIT

$262,500

CAP RATE

5.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Park Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,360 SF

ZONING

R-3

APN/PARCEL ID

009-262-15-00-7,009-262-16-00-0,009-262-17-00-3,009-262-18-00-6,009-262-19-00-9,009-262-20-00-1,009-262-21-00-4,009-262-22-00-7

ASK ABOUT THIS PROPERTY

Mark BonasThe Mogharebi GroupMore Info
661-330-1283

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Mark BonasThe Mogharebi GroupMore Info
661-330-1283

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