3600 Micheli Court

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3600 Micheli Court

Bakersfield, CA 93309
Asking Price
$630K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for purchase at 3600 Micheli Court
  • The residential property consists of four individual rental units
  • The asset is listed with an asking price of $630,000
  • Property is located in the Bakersfield metropolitan area of California
  • The site features convenient access to regional transportation and infrastructure networks

What's Special

This multifamily apartment building contains four units and is available for sale at 3600 Micheli Court in Bakersfield, California. The property is situated within a residential submarket of the city, which serves as a significant hub for the agricultural, energy, and logistics industries in the Southern San Joaquin Valley. Investors and operators often seek assets of this scale for their potential as stable rental income streams or portfolio additions within this expanding regional economy. The central location provides residents with access to local amenities and major transportation corridors throughout Kern County. Given the current configuration of four distinct units, the property presents a functional layout for professional management or residential occupancy. Its position in the Bakersfield market benefits from a consistent demand for housing driven by the diverse workforce of the surrounding metropolitan area.

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NOI
$80,000
Cap Rate
12.70%
DSCR
2.14
Strong
Cash-on-Cash
22.54%
Monthly Payment
$3,116.896
Annual Cash Flow
$42,597.245

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