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718 N Sanders St
Ridgecrest, CA 93555
Sanders Street Apartments · Multifamily Property For Sale
·
31 Units
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Grill
- Double Pane Windows
- Instant Hot Water
- Linen Closet
- Skylights
- Smoke Free
SITE AMENITIES
- Laundry Facilities
- Maintenance on site
ABOUT 718 N SANDERS ST , RIDGECREST, CA 93555
This 30 unit complex is structured 0.83 acres in the county of Kern, City of Ridgecrest. Each unit is 1 bedroom, 1 bath and approximately 700 sq. feet. Built in 1973, two stories, car ports, composition shingle roofing and forced air HVAC. Majority of the units have new dual packs and over half of the units have been remodeled with custom cabinets, new tile flooring and upgrades throughout. Units offer on-site laundry room with new washer and dryers. The Sanders Street Apartments provide stable in-place cash flow with opportunity to increase NOI by increasing rents to market rents. Property has a strong history of high occupancy for a secure income stream. Currently 100% occupied vacancy has not been above 3% over the past 5 years. Located in the heart of Ridgecrest. Close to schools, parks, medial and shopping. Within 2 miles of front gate of Naval Weapons Center.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 31 | $675.00 | 700 |
PROPERTY TAXES
| Parcel Number | 067-033-22-00-1 | Improvements Assessment | $2,366,910 |
| Land Assessment | $130,050 | Total Assessment | $2,496,960 |
PROPERTY TAXES
