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2029 McCray St
Bakersfield, CA 93308
27 Units - McCray Street Apartments · Multifamily Property For Sale
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27 Units
Investment Highlights
- Mostly single-story buildings and gated which is ideal for tenants
- Loss-to-lease rental upside of +/-$4,209 per month based on market rents
- Surrounded by established single family housing
- Actual upside in market rents
- Opportunity to implement RUBS for additional income
- Near airport and major employers such as Amazon and FEDEX
Property Facts
| No. Units | 27 | Building Size | 15,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 1.57 AC | ||
| Zoning | R-3 | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.57 AC |
| Building Size | 15,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Carpet
- Vinyl Flooring
- Window Coverings
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $652.00 | 400 |
| 1+1 | 16 | $725.00 | 543 - 580 |
| 2+1 | 8 | $912.50 | 795 |
| 3+1 | 1 | $950.00 | 1,628 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,185,261 | |
| Land Assessment | $208,078 | Total Assessment | $2,393,339 |
Property Taxes
Parcel Numbers
Land Assessment
$208,078
Improvements Assessment
$2,185,261
Total Assessment
$2,393,339
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