116 Beardsley Av,
Bakersfield, CA 93308
交易中 $1,595,000 ($159.5萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

19602 平方英呎
(1,821平方米)

1969 年

2

17 停車位

2025年02月05日
已上市 81 天

地產編號: GD25024858
所處郡縣: KR
面積單價:$158.49/sq.ft ($1,706 / 平方米)
房屋簡介

This property offers an exceptional high cap rate of over 9% and immediate opportunity to increase cash flow. Excellent value-add property with most rents poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month, unlocking substantial revenue potential. Each unit comes with separate utility meters, making it easier to manage costs, while the roof-mounted AC units with central heating and air conditioning provide added convenience and energy efficiency. Eight units have been updated in 2024 including heaters and A/C units, plumbing and more. All units come with a parking, plus 2 guest parking spots; easily reline the lot to create even more parking spaces to increase tenant satisfaction and appeal. This is a rare opportunity for investors looking for a property with strong income growth, low operating costs, and increasing market demand. The laundry room is not being used; this can add more income if operated. The street is part of the city's beautifying project adding additional value for the years to come. Additionally, two new apartment buildings are planned in the area, boosting future demand and property value. Close to shopping and freeways, the building has a very high occupancy rate and quick turnover.

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