1300 Flower

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1300 Flower

Bakersfield, CA 93305
Asking Price
$640K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 1300 Flower in Bakersfield
  • Asset consists of four distinct residential rental units
  • Offered for sale at an asking price of $640,000
  • Bakersfield provides a stable market for residential income properties
  • Geographically positioned within the 93305 zip code area

What's Special

Investors seeking to expand their residential holdings will find this four-unit multifamily apartment building a practical addition to a diversified portfolio. The property, situated at 1300 Flower in Bakersfield, CA, serves as a consistent income-generating asset within this established Central Valley market. Bakersfield benefits from a robust regional economy anchored by agriculture, energy production, and logistics, providing a stable tenant base for residential rentals. This multifamily complex offers an efficient configuration for management, appealing to operators focused on stable occupancy and long-term value appreciation. The site is well-positioned for those looking to capitalize on the steady demand for rental housing in the region. Its location near primary transportation corridors supports accessibility for residents, while the scale of the building allows for straightforward oversight. This asset presents a clear path for entry or expansion within the Bakersfield housing sector, offering utility for investors focused on multi-family residential performance.

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NOI
$80,000
Cap Rate
12.50%
DSCR
2.11
Strong
Cash-on-Cash
21.88%
Monthly Payment
$3,166.371
Annual Cash Flow
$42,003.55

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