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KENTUCKY VILLA APARTMENTS - GREAT CASH FLOW 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%.
8 Unit complex in Southwest Bakersfield, fully occupied.
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.
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.
Outstanding apartment complex with lots of up side potential located in prime investment location offers 56 units apartments sitting on almost 4 Acres fully landscaped corner lot. Each unit is 2 bedroom 1 bath and they all have exclusive covered parking spaces, AC,newer cabinet, flooring, fresh paint, newer roof, on site laundry, newer plumbing and electricity, easy access to HWY 99 and Freeway 58, high cash flow, upside potential on rent, on site manager, gated. Priced to sell.
Great Investment opportunity with lots of up side potential located in North Bakersfield offers 27 units, they've been upgraded with newer Roof, flooring, plumbing, pool pump, electricity and AC. 11 buildings sit on 1.2 Acres lot with double drive through access to the property included; 15x 1bed 1bath, 9x 2bed 1bath, 1 house 2bed 2bath, 1 loft 1bed 1bath, 1 studio. Management office onsite & laundry room, 27 covered parking, mini storage and POOL!! Easy access to HWY 99 and Oilfields, Memorial Hospital, Many shopping centers, Bakersfield Airport, Industrial manufacturing, Engineering companies, Recreation centers include Panorama Park & Hart park, Bakersfield College, etc. Strong management built High cash flow & great Cap-Rate, PRICED TO SELL.
Very nice home with big rooms, country kitchen, covered patio and lush back yard. This is a Probate property that is being sold as is, but everything is in good shape, newer roof, leased solar panels that is completely paid. Owner states "bring me an offer!"!
Rare opportunity to own two large 3 bedroom, 1 bath homes on one lot! 441 is on a large corner lot with its own 2-car garage, driveway, front & backyard, AC and evaporative cooler. Live in one, rent the other! Unmetered water worth its weight in gold! These two homes are on separate streets; they appear to be located on two separate lots! Owner occupied financing possible at lower bank rates and make these well-built, well-maintained properties a WINNER for the savvy investor. Perfect for extended family. Front house located on Sequoia Dr, completely private fenced yard, newly remodeled bath, newer electrical, newer central AC, auto sprinklers. House located on Belle has great insulation, indoor laundry, newer plumbing, newer fencing and auto sprinkler. Both have unmetered water! Garbage included in already low property taxes. Conveniently located for easy highway access, up and coming neighborhood.
Like new!! Duplex! Each unit offers 3 beds, 2.5 baths, and 2-car garage! Hard to find and in great condition!!
Location, location, location!! Here is a great investor's opportunity with this highly visible Stockdale Hwy 4-plex in a prime SW location. 3 bedroom / 2 bathroom front unit, two 2 bedroom / 1 bathroom units, and one 1 bedroom / 1 bathroom unit. Covered and uncovered parking. Conveniently located near several shopping centers and Cal-State University. 4/plex at 6434 Stockdale Hwy is also for sale.