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511-517 E Fredricks St
Barstow, CA 92311

$2,200,000 USD

Apartments For Sale • 12,968 SF

Property Details

Property Type Apartments
Total Building Size 12,968 SF
Lot Size 0.62 AC
Building Class C
Year Built 1959
Zoning RM-1

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                21-Unit Multifamily Community in Growing Barstow Market 
                            
                                5.45% Current CAP Rate with Upside to 7.18% Pro Forma 
                            
                                Over 31% Rental Upside from In-Place to Market Rents
                            
                                100% One-Bedroom Unit Mix with Strong Workforce Housing Demand
                            
                                Tenant-Paid Gas & Electricity Reduces Operating Expenses
                            
                                Strategically Located Near I-15, I-40, Marine Corps Logistics Base & Brightline West High-Speed Rail Corridor

Amenities

Air Conditioning
Balcony
Cable Ready
Dishwasher
Disposal
Fireplace
Property Manager on Site
Heating
Tile Floors
Kitchen
Oven
Range
Carpet

Public Transportation

Commuter Rail	Drive	Walk	Distance
	3 min	-	1.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	19
Type:	Surface
Included in Rent:	Yes

Albert Le 714-814-2088 Le Investment Group

511-517 E Fredricks St Barstow, CA 92311