The Parkwood Court Apartments is a well maintained 11- unit apartment complex located in South West Bakersfield, CA. The subject property is ideally located approx 1/4 of a mile from the 99 frwy in a quiet cul-de-sac.street. Built in 1978, The Parkwood Court Apartments consists of 1 (2+1.5) town home style owners unit, with double car, direct access garage with remote, two patios, fireplace and laundry hookups, 5 (2+1) units and 5 (1+1) units with separate gas/electric meters and water heaters for each tenant - owner pays water & trash. The upstairs units boast vaulted ceilings creating a spacious effect upon entry. There is ample parking available with 15 enclosed garages and abundant street street parking. The units all have central AC & Heat, wet bars, dishwashers. spacious closets, enclosed patios (some units) and an on-site laundry facility for additional landlord income. Tenants also enjoy easy access to nearby shopping, numerous other retail amenities, parks and schools. The property is priced to sell at in place 8.5 GRM/7.15 CAP rate - see attached supplements for marketing brochure with rent roll & expense information.
Based on information from California Regional Multiple Listing Service, Inc. as of May 25th, 2019 at 2:12am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.