Description
Pride of ownership is shown with this 7 unit apartment complex. Each unit is 1 bed 1 bath with a beautiful and gated central courtyard and each unit has its own designated garage for parking. There is huge upside potential. The property has been professionally managed, all tenants have been throughly pre-screened for qualification prior to occupancy. Just recently, the newest tenant moved in and is paying $1195 per month. The pro forma monthly rental income is $8,365 p/m and $100,380 p/y. Property is in great condition and does not require any immediate repairs.The current location is appealing to local business professionals who work in the Downtown Bakersfield area including attorneys, paralegals and court clerks, within walking distance to the bus station, local businesses, and Bakersfield High School.
Listing Agent: Peter Peralta Listing Office: Watson Realty Provided Courtesy Of Bakersfield Association of Realtors. Information Is Believed To Be Accurate But Not Guaranteed. Copyright Bakersfield Association of Realtors. All Rights Reserved.
