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2812 N Half Moon Dr

5 Unit Apartment Building $850,000 ($170,000/Unit) 5.71% Cap Rate Bakersfield, CA 93309

Executive Summary

Central Valley Property Advisors is proud to introduce this 5-plex investment property located in Southwest Bakersfield. This lucrative property has a unit mix of 1(one) 3bedroom 2 bathroom unit and 4(four)- 2bedroom 1 bathroom units. The property yields a gross scheduled income of $81,600, rendering it an appealing choice for investors in search of a dependable income stream.

Property Facts

Price $850,000
Price Per Unit $170,000
Sale Type Investment
Cap Rate 5.71%
Gross Rent Multiplier 11.64
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.28 AC
Building Size 4,163 SF
No. Stories 1
Year Built 1979
Parking Ratio 1.2/1,000 SF

Unit Amenities

  • Air Conditioning
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
355-332-08-00-1
Land Assessment
$90,202
Improvements Assessment
$630,356
Total Assessment
$720,558

zoning

Zoning Code R-2 (Limited Multiple Family Dwelling)
R-2 (Limited Multiple Family Dwelling)
  • Listing ID: 32521054

  • Date on Market: 7/19/2024

  • Last Updated:

  • Address: 2812 N Half Moon Dr, Bakersfield, CA 93309

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