511-517 E Fredricks Street

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511-517 E Fredricks Street

Barstow, CA 92311
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Barstow, California.
  • Property features a total of 15 residential units.
  • Located near major regional logistics and transportation corridors.
  • Positioned within the growing High Desert residential submarket.
  • Asset provides potential for workforce housing rental income.

What's Special

Barstow serves as a vital logistics and transportation hub in the High Desert region of Southern California, benefiting from its position at the intersection of major interstate highways. This multifamily apartment building, situated on East Fredricks Street, provides a residential footprint within this growing desert market. The asset consists of 15 units, offering a scale suitable for consistent rental income generation in a region where housing demand remains steady due to the proximity of regional distribution centers and military installations. The location facilitates easy access for local commuters and those employed in the surrounding high-growth sectors. Investors focusing on workforce housing will find this property positioned to serve a stable tenant base looking for accessible accommodations. The configuration of the building allows for straightforward management within the established Barstow residential landscape, making it a functional addition to a commercial real estate portfolio seeking exposure to the Inland Empire North submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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