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501-547 W Fredricks St
Barstow, CA 92311
Garden View Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Within a 10 minute drive to the Outlets of Barstow
- Barstow is a growing market
- Near stores such as Walmart, Home Depot, and Dutch Bros
Executive Summary
The Ubaldo Company is proud to bring to market an apartment complex which consists of (16) 2bed/1bath and (8) 1bed/1bath for a total of 24 units located in Barstow, California. The apartment was constructed in 1952 and is near Main Street which has a high daily traffic count. In addition the property is conveniently located within a five minute drive of the Barstow Outlets which consist of stores such as Columbia Factory Store, Levi's Outlet Store, Skechers, Lacoste Clothing, Claire's, Coach, Nike Factory, Adidas, Bath & Body, Kate Spade, Guess Factory, Old Navy, Pollo Loco, In N Out Burger, Chili's Grill and Bar, Starbucks and much more!
Property Facts
| Price Per Unit | $104,167 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.60% | Lot Size | 2.36 AC |
| Sale Condition | 1031 Exchange | Building Size | 21,774 SF |
| Gross Rent Multiplier | 7.71 | No. Stories | 1 |
| No. Units | 24 | Year Built | 1952 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM-1, Barstow | ||
| Price Per Unit | $104,167 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 7.71 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.36 AC |
| Building Size | 21,774 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM-1, Barstow |
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Range
- Yard
Site Amenities
- Picnic Area
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | 456 |
| 1+1 | 5 | - | - |
| 2+1 | 14 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,830,650 | |
| Land Assessment | $488,065 | Total Assessment | $2,318,715 |
Property Taxes
Parcel Numbers
Land Assessment
$488,065
Improvements Assessment
$1,830,650
Total Assessment
$2,318,715
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