Just Closed: 4 Units | Bakersfield, CA

Details

  • Price: $531,888
  • Cap Rate: 6.51%
  • GRM: 11.41
  • Cost per SF: $140.56
  • Cost per unit: $132,972
  • Year Built: 1985
  • Square Footage: 3,784
  • Lot Size: 8,276 SF
  • Units: 4
  • No. Stories: 2
  • Parking : 10 spaces
  • Transaction Type: Sold
  • Zoning: R-3 (Residential)
  • Building Class: B
  • APN/Parcel ID: 023-580-16-00-3

Just Closed: Las Casitas De Villalovos | Bakersfield, CA

Invest In Results | Grow Your Legacy

lucrumre.com

 

Agent: Raymond A. Rodriguez

Team: Lucrum Real Estate Group

 

We are excited to announce our latest closing of this four-unit apartment building located at 2808 Villalovos Ct, Bakersfield. Founding Partner, Raymond A. Rodriguez represented the Seller in this transaction who was motivated to complete a 1031 Exchange into a larger property.

We sold this property over asking price at 102% of list price and set new record highs in the area for a multi unit sale.

If you need a little help navigating through this dynamic market, Lucrum offers many services that can help you maximize your investment property’s cash flow, value & equity.

We can also help you source a qualified Buyer at maximum value for your property on your terms and timeline.

Looking for results and a stress-free 1031 Exchange Experience?

Contact us today!

 

By: Lucrum
August 5, 2021

Sales Team

Details

  • Price: $531,888
  • Cap Rate: 6.51%
  • GRM: 11.41
  • Cost per SF: $140.56
  • Cost per unit: $132,972
  • Year Built: 1985
  • Square Footage: 3,784
  • Lot Size: 8,276 SF
  • Units: 4
  • No. Stories: 2
  • Parking : 10 spaces
  • Transaction Type: Sold
  • Zoning: R-3 (Residential)
  • Building Class: B
  • APN/Parcel ID: 023-580-16-00-3

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