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118 Roberts Ln
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for sale in Bakersfield
- Total asset count comprises four individual residential units
- Current market performance indicates a 7.2% cap rate
- Property located in the 93308 zip code of California
- Asking price for this income-producing asset is 459,000 dollars
What's Special
Investors seeking to expand their portfolio will find this four-unit apartment building at 118 Roberts Ln in Bakersfield, California, a functional addition for rental income generation. The property currently operates as a multifamily asset, offering a straightforward conversion or hold strategy for those looking to capitalize on the local residential demand within this growing suburban market. Bakersfield maintains a steady economic base, supported by industries ranging from energy to agriculture, providing a consistent pool of potential tenants for well-positioned housing assets. At a 7.2% cap rate, this asset presents a clear value proposition for buyers focused on yield-driven acquisitions. The property occupies a central location in the 93308 area, allowing for efficient management and access to major regional transit routes. Given its scale and unit count, this apartment building remains suitable for professional investors or those transitioning into residential income property management within the Central Valley region.
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