NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
6.42 Acres

Last Sold November 15, 2018

Last sale price $10,200,000

82 Days on Market

About This Home

As of November 2018

Beautiful 112 unit apartment community located in upper northeast Bakersfield, near the base of the scenic Panorama Bluffs. Each unit is equipped with laundry hookups, built-in appliances (including a microwave), private patios and covered parking. The property buildings have two floors and all 56-second floor units have fireplaces. Tenants enjoy a swimming pool, spa, fitness center, sauna, on-site leasing office and an on-site laundry facility. The grounds have been well maintained and are beautifully landscaped with lush shrubbery, decorative rocks, and refreshing fountains.

Last Listed By

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/26/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6.42

Parking

  • Carport
  • 243 Car Parking Spaces
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 6.42 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 14657303

Community Details

Overview

  • 112 Units

Building Details

  • Gross Income $1,053,890
  • Net Operating Income $519,481

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 243.00
  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 279655.00
  • Parcel #: 14657303
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Annual Expense: 534408.80
  • Vacancy Factor: 5.00
  • Number Of Units Total: 112
  • Annual Gross Income: 1053889.80
  • Property Net Operating Income: 519481.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $10,200,000 -1.8% --
10/16/2018 10/16/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $10,385,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807276

Bakersfield Association of REALTORS® / GEMLS