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The Barnard Street Portfolio
Blythe, CA

$3,900,000 USD

Multifamily For Sale  •  37,546 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 8.31 %
0 Transit Score
64 Walk Score

Highlights

Attractive Yield | Portfolio-wide NOI of $334,676 and only 3 vacancies (~94% occupancy).
On-Site Management | Many units upgraded; additional value-add potential.
Efficient Two-Property Portfolio | Bel Air and Stardust Apartments are located approximately one mile apart.
Limited Near-Term Capital Exposure | Capital improvements completed, reducing deferred maintenance and allowing investors to cash flow.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $324,266 USD (2025)
Cap Rate: 8.31 %
Total Expenses: $245,320 USD
Thomas Beniamen 949-996-7679 Commercial Real Estate Investors Inc
Thomas Beniamen 949-996-7679 Commercial Real Estate Investors Inc