Available For Sale - Multifamily

3,907 SF | Show Pricing $

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LISTED BY

Illi Commercial
illi Commercial Real Estate, 818-501-2212
Caleb Morrison
Illi Commercial, 818-697-9364
Greg Offsay
illi Commercial Real Estate, 818-697-9387
Todd Nathanson
illi Commercial, 818-514-2204

AVAILABILITY DETAILS

Size
3,907 SF
Price/SF
Show Pricing $
Listing ID
SA523127
Notes
The Winchester Apartments presents investors with a unique opportunity to acquire a 12-unit apartment building situated within walking distance from the many offerings of downtown Bakersfield. The property is fully occupied allowing for immediate, steady cash flow.

All units are currently leased at below-market rents, offering a tremendous value-add opportunity through the implementation of streamlined management and building upgrades to encourage future rent increases to match market rates. With rental demand in Bakersfield rising, The Winchester Apartments would be an ideal investment for those seeking to expand their real estate portfolio.
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Illi Commercial, illi Commercial Real Estate