This Multifamily Property is Off-Market.

600 Cherry Lane
Tehachapi, CA 93561 ·

56 Units · Multifamily For Sale

N/A

Print

Sierra Vista, 8.33% Cap

Price N/A Cap Rate 8.33%
No. Units 56 Occupancy 98%
Building Size 45,873 SF No. Stories 2
Property Type Multifamily Year Built 1990
Property Sub-type Garden/Low-Rise Lot Size 5 AC
Property Use Type Investment APN / Parcel ID 416-120-04
Commission Split 1.5%
Listing ID: 17011279 Date Created: 02/05/2011 Last Updated: 05/31/2011

Description

Sierra Vista is a 2 & 3 bedroom apartment community situated on a low density 5 acre parcel. Spanish style architecture including pitched spanish tile roofs emphasize the motif of Sierra Vista. Each unit has a private patio and/or balcony. The entire propety is gated with keypad access. Sierra Vista is individually metered for gas and electricity. Parking is a combination of carport and open on-site spaces. Additional ammenities include a card operated laundry facinity, separate manager's office, separate maintenance facility and 36 5x5 storage units w/ roll-up doors.

Tehachapi, California is quickly becoming known as the renewable energy capital of the world.

PORTFOLIO SALE. The Sierra Vista Apartments is being offered along with the Orchard Apartment Homes for a total of 153 units. In addition, the owner owns an additional 64 unit property in Tehachapi for a total of 217 units. Call for details.

Research

600 Cherry Lane, Tehachapi, CA 93561 (Kern County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Tehachapi Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)