For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
3,610
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
2006
full baths
Full Baths
0
half baths
Half Baths
0
We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior capital improvements including new paint, fencing, landscaping, and staircase repairs. The remodeled units have demonstrated the rent potential, offering an investor the ability to capture an extreme rental increase once fully stabilized. With a current NOI of $107,228 and a pro forma projection Significantly higher (20%!!) this is a rare opportunity to acquire a high-yielding asset with built-in equity upside. The heavy lifting has been donenow it's about executing on the final stage to drive long-term cash flow growth. Serious investors onlycall now to discuss financials and next steps.
Location
Subdivision -
County Kern
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: 202502099
Listing agent: Esteban Contreras
Listing broker: Watson Realty (661) 327-5161
Copyright © 2025 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, March 5 2025 at 9:02 p.m. EST
Kotohomes National