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KENTUCKY VILLA APARTMENTS - PRICED TO SELL Kentucky Villa's is a newer well maintained apartment complex featuring a distinctive architectural style, centrally located close to Kern Medical Center, Schools, Bakersfield College, and the East Hills Mall. The complex is made up of several buildings built in 1985 with copper plumbing and wood exteriors featuring stucco accents. They have newer roofs and consist of 40 two bedroom and 12 one bedroom units all on single levels. Units feature spacious living and bedroom areas, central air, dishwashers, balcony/patios, play areas, ample carport and guest parking. Each unit is individually metered for gas and electric. There is also an on-site office, laundry room, and sparkling pool. Total square footage of the various buildings is over 41,000 located on approximately two acres. Take advantage of pricing below replacement costs and great cash flow numbers. With today's low interest rate and the immediate opportunity to bring rents to market, Kentucky Villa's offers the sophisticated investor an excellent opportunity to acquire a quality performing asset with a historically high occupancy rate, currently 98%.
Attention all investors!! Brand New 20 unit apartment complex coming soon, all 3 bedroom/1 bath, W/Landry room, granite counter-tops and upgraded cabinets, two tone paint etc. gated community with automatic gate,, stucco exterior, and too many amenities to list. Central location, convenient shopping and freeway nearby. Seller Financing available call for more info.
Three Doll Houses on one lot with tons of charm! Drive by Only. Craftsman Style homes with rents recently increased. The property was tented for termites recently. Each tenant has a yard, storage. Super clean units. Please see photos. House 1 is 1066 Sqft/$800 rent, 2 is 896 sqft/$730 rent and 3 is 878 sqft with $530 rent. Unit 3 has a basement being used as a bedroom, non-conforming. Unit 1 has a room being used as a third bedroom, non-conforming. Tenants are long term and would love to stay.
This 4,530 square well cared four plex sits on a 16,553 square foot lot. Built in 2004 brings outstanding monthly rent with long term tenants. Two units are 2 bedroom, 2 bath. And two units are 3 bedroom, 2 bath. Outside is fully stucco to modern perfection. Each unit is in great shape. Sellers are motivated to sell!! Do not wait come see today.
Hard to find Southwest Bakersfield four-plex! Four large units. Front unit is a 3 bedroom, 2 bath with fire place. Back 3 units are all 2 bedroom, 1 bath. Front unit rents for $850; back units rent for $750. On-site laundry, attached 2-car garages.
8 Unit complex in Southwest Bakersfield, fully occupied.
This is a front beach subdivision on Mision Viejo. This property has a three level condominiums. The groud floor condominium is fully finish with 224 M2 (2450 sq. ft.) with 2 bedroom, 2 bathrooms, Kitchen, Living room and Terrace over looking the sea and 2 car garage. The 2nd condominium is 3028 sq. ft. and is haft finish and the 3rd condominium has 3229 sq. ft. it has the preparations to start building it.
Amazing price for this 11 unit North Bakersfield building...Only $34,545/unit. Clean property, well maintained. (5) Studios and (6) 1 bedroom / 1 bathroom units. Recently rehabbed. (2) 1-car garages and uncovered parking. Seller will finance with either no money down IF buyer pledges a free and clear property worth at least 200K as cross collateral. Or he will finance with 20% down on an interest only loan. If you are looking for longer term financing there are a variety of lenders that would consider lending on this building for 30-35% down depending on the buyers qualifications. (Only $114K - $113K down) The property is on the west side of North Chester.
10 units, all 2 bdrm/1 ba, 3 buildings in courtyard style, wood/stucco. Each unit has own storage. Laundry Room. Carports and uncovered paved parking. Air conditioned. Grassy areas.
The Mirage Apartments is a 118 -unit community developed in 1975 with extensive remodeling done in 1999 and 2004. Located in the desirable SW Bakersfield submarket this property is within walking distance to major shopping. The property has an outstanding unit mix of 1, 2 and 3 bedroom units with a wide array of amenities for the price point. For the astute investor they will recognize the value added opportunity with the current in-place rents. There is $25 upside to get to the current street rents and $50 to reach the submarket rents.