10425 Merriweather Dr | Bakersfield, CA 93311
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10425 Merriweather Dr
Bakersfield, CA 93311
Old River Place Apartments · Multifamily Property For Sale
·
249 Units
INVESTMENT HIGHLIGHTS
- 249 Units on 72 Individual Duplex, Triplex, and Quadplex Lots
- Fully Occupied With Proven Rental Upside
- Highly Desirable Far Southwest Bakersfield Location
- Attractive Mix of Large Two & Three-Bedroom Units With W&D hookups and 2 Car Garages
- Spacious Floorplans With High Demand Unit Amenities
- Full Property Address: 9701-10009 Sherborne Ave., 4903-5013 Calais St., 10102-10425 Merriweather Dr.
PROPERTY FACTS
| No. Units | 249 | Building Size | 274,796 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 2011 |
| Building Class | B | Parking Ratio | 1.81/1,000 SF |
| Lot Size | 22.27 AC | ||
| Zoning | R-2 | ||
| No. Units | 249 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 22.27 AC |
| Building Size | 274,796 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 2011 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | R-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 125 | $1,798 | 1,004 |
| 3+2 | 124 | $1,975 | 1,204 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,315,000 | |
| Land Assessment | $126,000 | Total Assessment | $1,441,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$126,000
Improvements Assessment
$1,315,000
Total Assessment
$1,441,000
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