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8512 Grandy

Bakersfield, CA 93314
  • $27,000,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: 202306529
UPDATED: 32 min ago
$27,000,000
  • 0
    BEDS
  • 8.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
62
Type:
Multi-Family
Built:
2023
County:
Area:
62

School Ratings & Info

Description

We are delighted to present for sale this unique opportunity to acquire forty-two (42) two-home-on-one-lot style Duplexes. The offering features eight (8) four (4) bedroom, three-and-a-half (3.5) bathroom units, thirty-four (34) three (3) bedroom, two (2) bathroom units and forty-two (42) two (2) bedroom, two (2) bathroom units. These duplexes are thoughtfully designed to accommodate a diverse tenant base, offering an attractive unit mix that appeals to families, professionals, and individuals alike. Embrace the future of sustainable living with paid solar panels for each duplex, reducing utility costs for both you and your tenants. Additionally, the implementation of Ratio Utility Billing System (RUBS) for all utilities, including common area PGE, ensures maximum earnings and streamlined operations. Don't miss the opportunity to add this exceptional property to your portfolio, as it seeks to be the highest earning asset you've ever owned. Let CVPA guide you through this unique investm

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-09-22T09:31:34.603.
www.kerncountyhouse.com/homes/142116786
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8512 Grandy Bakersfield, CA 93314

  • Price: $27,000,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 32 min ago
  • ID#: 202306529
0
Beds
0
Baths
0
½ Baths
8.4
Acres
2023
Built
Neighborhood:
62
County:
Kern
Area:
62
Property Description
We are delighted to present for sale this unique opportunity to acquire forty-two (42) two-home-on-one-lot style Duplexes. The offering features eight (8) four (4) bedroom, three-and-a-half (3.5) bathroom units, thirty-four (34) three (3) bedroom, two (2) bathroom units and forty-two (42) two (2) bedroom, two (2) bathroom units. These duplexes are thoughtfully designed to accommodate a diverse tenant base, offering an attractive unit mix that appeals to families, professionals, and individuals alike. Embrace the future of sustainable living with paid solar panels for each duplex, reducing utility costs for both you and your tenants. Additionally, the implementation of Ratio Utility Billing System (RUBS) for all utilities, including common area PGE, ensures maximum earnings and streamlined operations. Don't miss the opportunity to add this exceptional property to your portfolio, as it seeks to be the highest earning asset you've ever owned. Let CVPA guide you through this unique investm
Exterior Features

Garages 0 Parking GarageUncovered Parking Spaces 0.00

Property Features

Annual Gross Income 2281200.00 Annual Net Income 1659298.00 Cap Rate 0.06 Disclosures Call Listing Agent Multifamily Type 11 Plus Total Annual Expense 553466.00 Vacancy Factor 3.00

Listing courtesy of Eric Vandenk of Central Valley Property Advisors: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-09-22T09:31:34.603.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301