PACIFIC GARDENS & PALM APARTMENTS l BAKERSFIELD, CA l 38 UNITS
Investment Highlights
- Purchase price at $1,689,000
- 38 Units - Pacific Gardens & Palm Apartments
- Jon Mimms of Marcus & Millichap Represented Seller and Buyer
- All Cash Deal
- 15 Day Close
- 6.75% Cap Rate On Current Income
- Value-Add Property
- $44,447/Unit
- Great Unit Mix: (3) Studio, (20) One-Bedroom/One-Bathroom and (15) Two Bedroom/One Bathroom Units.