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.
36,640 Sq Ft
1.9278 Acres privés Taille du lot
investissement
Intégré 1983
MLS/Identifiant de l'annonce V1-37768
2 Histoires
40 Unités
Sécurité
Balcon
Climatisation - Climatisation centrale
Construction - Wood Siding
Community - Biking
Community - Curbs
Community - Sidewalks
Community - Suburban
Parking
Appartement
Composition
Parking - Carport
Parking - Couvert
Parking - On Site
Parking - Private
À l'intérieur
COÛT MENSUEL TOTAL
0 $US
0 $US
0 $US