$900,000
2212 Cullen Court, Bakersfield 93314
10
Beds
9
Baths
12,632
Lot Size
4
# Of Units
Listing Agent
Brad New - Vanguard Property GroupPrice Improvement for Pride of Ownership Multifamily! The Liberty Park apartments are a Pride of Ownership, single story 4 Unit multifamily property built in 2004, and located in prime northwest Bakersfield, CA. The subject property is listed as part of a 12 Unit portfolio sale with the following properties in the same tract: 12906 Merlot Dr (4U), 12912 Merlot Dr. (4U). Sellers preference is for all 3 fourplexes to be sold together to one buying entity. The subject property is a single story, 4 unit apartment building situated on one spacious 12,575 sf lot. The subject property boasts an excellent unit mix of 2(3+2) and 2 (2+2), with numerous tenant amenities including: garage parking, central AC/HT, in unit washer & dryer hookups, patios, separate gas & electric meters and hot water heaters for each unit. The Liberty Park apartments are ideally located in the award winning Rosedale Union School District (Liberty High School, Rosedale Middle, Independence Elementary), and in very close proximity to numerous, vibrant surrounding retail, restaurant, and entertainment venues. The Liberty Park apartments are offered at only $208 CPSF with upside to a Cap rate of 7 at market rents - they are a perfect fit for an investor looking for long term growth with a pride of ownership income property asset.
Facts & Features
| MLS® # | PW24007140 |
|---|---|
| Price | $900,000 |
| Bedrooms | 10 |
| Bathrooms | 9.00 |
| Lot Size | 12,632 |
| Year Built | 2004 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
| # Of Units | 4 |
Community Information
| Address | 2212 Cullen Court |
|---|---|
| Area | BKSF - Bakersfield |
| City | Bakersfield |
| County | Kern |
| Zip Code | 93314 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Door-Multi, Garage, Concrete, Driveway, Garage Door Opener, Garage Faces Side, Paved |
| # of Garages | 8 |
| Garages | Door-Multi, Garage, Concrete, Driveway, Garage Door Opener, Garage Faces Side, Paved |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Family Room, Gas |
| # of Stories | 1 |
Exterior
| Lot Description | 2-5 Units/Acre |
|---|
Additional Information
| Date Listed | January 19th, 2024 |
|---|---|
| Days on Market | 49 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brad New |
|---|---|
| Office | Vanguard Property Group |