40 Units, Beakersfield

3001 S Chester Ave, Bakersfield, CA 93304

Multifamily Property For Sale

Price:: $2,350,000
No. Units:: 40
Building Size:: 33,900 SF
Price/Unit:: $58,750
Property Type:: Multifamily
Property Sub-type:: Garden/Low-Rise
Property Use Type:: Investment

Cap Rate:: 8.36%
Gross Rent Multiplier:: 7.33
Occupancy:: 100%
Lot Size:: 89,734 SF
APN / Parcel ID:: 022-180-15-00
Listing ID: 18971319
Last Updated: 12 days ago

Description

Village Green Apartments is a 40-Uni garden style apartment complex located at 3001 S Chester Ave., Bakersfield, CA 93304. The property consists of 5 two-story buildings on a 2.06-acre site. The subject features mailroom and laundry room. Site improvements include asphalt driveways, attached parking lot, building-mounted lighting, trash receptacles and soft landscaping. The Subject buildings are wood frame and painted pressboard siding with concrete foundations. These units have microwave ovens, dishwashers, garbage disposals, and fan & hood.

Village Green property is located in the unincorporated community in Bakersfield California. The subject property is situated nearby major streets. Close to shopping centers, restaurants and business districts.