Oildale Industrial Portfolio
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Oildale Industrial Portfolio
3 Industrial Properties Offered at $3,150,000 in Bakersfield, CA
Investment Highlights
- Cash Flow Opportunity - 8.8%+ Cap Rate
- Combined 11.24 acres
- 21 Leasable Units over 13 building
- Combined 60,318 SF
Executive Summary
A diversified income stream across 21 leasable units and 13 buildings delivers unique cash flow opportunities. Proforma cap rate in excess of 8.84%. This portfolio incorporates 3 adjacent APNs all with an M-2 Zoning (Medium Industrial). Specific building ages are unknown, listed ages are estimated.
Property Facts
| Price | $3,150,000 | Status | Active |
| Price / SF | $51.71 / SF | Number of Properties | 3 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 8.84% | Total Building Size | 60,918 SF |
| Sale Type | Investment | Total Land Area | 11.24 AC |
| Price | $3,150,000 |
| Price / SF | $51.71 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 8.84% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 60,918 SF |
| Total Land Area | 11.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 160 E Norris Rd, Bakersfield, CA 93308 | Industrial | 23,498 SF | 1980 | - |
| 130 E Norris Rd, Bakersfield, CA 93308 | Industrial | 29,120 SF | 1980 | - |
| 1611 Bedford Way, Bakersfield, CA 93308 | Industrial | 8,300 SF | 1980 | - |
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Oildale Industrial Portfolio
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