7121 Charity Avenue

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7121 Charity Avenue

Bakersfield, CA 93308
Asking Price
$3.50M
Asset Type
Industrial Land
Class
Class B

What's Special

Land | 13.14 acres <ul><li>​ This is a rare opportunity to purchase 13.14 acres of infill land in the heart of the affluent westside of Bakersfield</li><li>​ The Property offers secured and safe access to/from Rosedale Highway, by use of the four-way signalized intersection at Fruitvale Avenue and Rosedale Highway, which is less than ¼-mile from the subject.</li><li>​ The Property offers easy access to Rosedale Highway, Westside Parkway, and Highway 99</li><li>​ Zoned M-2 PD (Medium Industrial – Precise Developmen

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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