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2700 White Ln
Bakersfield, CA 93304 Wible Orchard

$9,950,000 USD

Apartments For Sale  •  108,464 SF

Property Details

  • Property Type Apartments
  • Total Building Size 59,600 SF
  • Lot Size 2.72 AC
  • Building Class B
  • Year Built 1965
  • Zoning C2
30 Transit Score
61 Walk Score

Highlights

A 149-Unit Studio Community Located at the Highway 99 Interchange on White Lane with 170,000+ Vehicles Per Day, Offering a High-Visibility
Freeway-Adjacent Location in Southwest Bakersfield’s Wible Orchard Neighborhood with Direct Access to Regional Employment and Retail
CUP Approval with Fire Sprinklers and Alarms Complete, As Conditional Use Permit 23-0642 Was Approved by the Bakersfield Planning Commission.
Fire Sprinkler and Alarm Systems Have Been Completed as the Largest Life-Safety Capital Item, Eliminating the Most Significant Compliance Risk.
In-Place and Projected Rents Are Supported by Direct Comparables and Section 8 Validation
Total Stabilization Costs Typically Underwritten Between $1.0M and $1.3M Including Construction, Permits, And Contingency

Amenities

  • 24 Hour Access
  • Controlled Access
  • Pool
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Bakersfield (San Joaquins - Amtrak) 11 min - 6.1 mi
AirportDriveWalkDistance
Meadows Field 18 min - 9.6 mi
Filip Niculete 818-212-2748 Marcus & Millichap
Filip Niculete 818-212-2748 Marcus & Millichap