226 Wilson Ave
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226 Wilson Ave
10 Unit Apartment Building $970,000 ($97,000/Unit) 5.70% Cap Rate Bakersfield, CA 93308
Executive Summary
Take advantage of this prime 10-unit apartment complex featuring ten 1-bedroom, 1-bathroom units, with 9 out of 10 currently rented. This property offers a solid income stream and includes on-site laundry for added convenience. Located near Meadows Field Airport, local restaurants, and parks, it’s an attractive option for tenants seeking both comfort and accessibility. This is a great opportunity to expand your investment portfolio with a property that promises steady rental income. Don’t miss out on this excellent investment—act fast!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $970,000 | Building Class | C |
| Price Per Unit | $97,000 | Lot Size | 0.36 AC |
| Sale Type | Investment | Building Size | 5,252 SF |
| Cap Rate | 5.70% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1936/2019 |
| Property Subtype | Apartment | Parking Ratio | 1.9/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | $970,000 |
| Price Per Unit | $97,000 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 5,252 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1936/2019 |
| Parking Ratio | 1.9/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $810.00 | 525 |
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Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 113-191-19-00-2 | Improvements Assessment | $459,502 (2024) |
| Land Assessment | $49,875 (2024) | Total Assessment | $509,377 (2024) |
PROPERTY TAXES
Parcel Number
113-191-19-00-2
Land Assessment
$49,875 (2024)
Improvements Assessment
$459,502 (2024)
Total Assessment
$509,377 (2024)
zoning
| Zoning Code | R2 |
| R2 |
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226 Wilson Ave
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