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House with garden and terrace Bakersfield (United States)by annonceur international

House with garden and terraceBakersfield (United States)
Price :
$4,950,000
($1,454 / m²)
Surface3,404 m²bedrooms2 land0.8 ha

Why this property will seduce you

  • Garden View: Garden-style multi-family building.
  • Prime Location: Bakersfield multi-family market.
  • Modern Infrastructure: Roofs and HVAC replaced across units.
701 Planz Road, 'Cedarvale Apartments' presents a rare opportunity to acquire a well located garden style multifamily asset in the Bakersfield market. This offering comprises ten fourplex buildings across two parcels for a total of 40 units, providing meaningful scale within a single transaction.The property features a uniform unit mix of two bedroom and one bathroom floor plans with tile/wood floors and granite countertops, which simplifies operations and supports consistent underwriting across the portfolio. Major capital improvements completed within the past eight years include full roof and HVAC replacements across all units. In place rents remain meaningfully below market, representing a clear path to revenue growth through increasing leases up to market rates.701 Planz Road is well suited for investors seeking to establish or expand a position in the Bakersfield multifamily market.
Advertiser reference : 119019061Le Figaro Properties reference : 108181659

Its assets

  • Air conditioning

Other assets detected by AI

In detail

* : Information not provided by the advertiser

House with garden and terrace Bakersfield (United States)

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