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- LoopNet Team
312 N 2nd Ave
Barstow, CA 92311
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Close to schools and parks
- Minutes from I-15, I-40 and Highway 58
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 6,288 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 6,288 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 10/1,000 SF |
ABOUT 312 N 2ND AVE , BARSTOW, CA 92311
11 units in Premier downtown location in Barstow, California. This 11-unit property is professionally managed by a local property management company and has loads of potential. All units are 1 bedroom 1 bathroom with exterior and street parking located across from Central High School and one of the original Del Tacos, on the way to the historic Harvey House located less than .25 mile away. Average rent in the area has increased by an estimated 8% YOY and looks to be continuing as the California housing shortage continues to get worse and more people are looking inward for affordable rents. This with the announcement that BNSF railroad is building an intermodal facility in town that will help in the revitalization of the area and bring even more people and jobs to the area.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | 750 |
PROPERTY TAXES
| Parcel Number | 0181-071-14 | Improvements Assessment | $795,000 |
| Land Assessment | $80,000 | Total Assessment | $875,000 |
PROPERTY TAXES
