The Duplexes at Powder Ridge - 8

8612-8506 Frankie Lou St,
Bakersfield, CA 93314

 

$4,600,000
Price
11.76
GRM
$287,500
Price Per Unit
16
Number of Units
5.97%
Cap Rate
2023
Year Built
$4,600,000
Price
11.76
GRM
$287,500
Price Per Unit
16
Number of Units
5.97%
Cap Rate
2023
Year Built

Marketing Description

  • We are thrilled to present an exclusive offering of eight (8) two-home-on-one-lot style Duplexes, representing the epitome of Class A real estate in Northwest Bakersfield. Boasting an attractive unit mix, this investment promises outstanding returns and caters to a diverse tenant base, making it perfect for any type of investor. This exceptional portfolio includes eight (8) three (3) bedroom, two (2) bathroom units, and eight (8) two (2) bedroom, two (2) bathroom units. Thoughtfully designed to exude modern luxury and functionality, these duplexes offer an unparalleled living experience for families, professionals, and individuals alike.
  • Located in a prime part of Bakersfield, this offering guarantees high demand and consistent occupancy rates, ensuring a steady income stream. The desirable neighborhood's proximity to entertainment, dining, and essential amenities makes it an attractive choice for tenants seeking a balanced lifestyle. 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 promises to be the highest earning asset you've ever owned. Let Central Valley Property Advisors guide you through this unique investment journey and unlock the potential for substantial cash flow and long-term prosperity in the vibrant heart of Bakersfield.

Location Highlights

  • The property is located in the desirable neighborhood of Bakersfield, CA, known for its family-friendly atmosphere and low crime rates.
  • It is situated near several amenities, including the popular shopping center, The Marketplace, which features a variety of retail stores, restaurants, and entertainment options.
  • Bakersfield College, a highly regarded community college, is just a short drive away, making this property an attractive option for students or faculty looking for convenient housing options.
  • The area is well-connected with easy access to major transportation routes, such as Highway 99, allowing for convenient commuting to other parts of the city.
  • Outdoor enthusiasts will appreciate the proximity to parks and recreational areas, such as the River Walk Park, where residents can enjoy biking, walking trails, and picnicking by the Kern River.
FOR MORE DETAILS CONTACT
Esteban Contreras
Founder | Investment Sales Specialist
(661) 206-2447
esteban@vanguardrealtyinvestments.com
01975384
Eric Van Denk
Real Estate investment Specialist
(419) 206-7117
info@CentralValleyPropertyAdvisors.com
02071696