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Reach out to us via email for a more personalized consultation tailored to your real estate investment needs.

thurston@asuassociates.com

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Phone

Prefer a more direct conversation? Call us to discuss your Bakersfield investment opportunities with our expert team.

661.889.6597

FAQs

Get the clarity you need to make informed investment decisions. Here are some of our most frequently asked questions.

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What differentiates Marc A. Thurston in the multifamily real estate market?

Marc A. Thurston specializes exclusively in Multifamily Real Estate Investment in Bakersfield, offering over 34 years of industry experience and over half a billion dollars in sales volume.

How do you evaluate properties for investment?

We conduct comprehensive Bakersfield-specific multifamily research, scrutinizing various aspects like location, rental yield, and growth potential to make sure you're getting the best return on your investment.

What type of consultation services do you offer?

We provide both buyer assessments and complimentary property valuations, tailored to meet your specific investment goals.

Can you help me with both buying and selling?

Absolutely, we offer end-to-end services for both buyers and sellers, providing expert advice and strategies to maximize your returns.

How do you determine market trends in Bakersfield?

Utilizing in-depth research and local market data, we have a pulse on the current market conditions, allowing us to guide you effectively.

Where is Bakersfield California?

Bakersfield is in the Central Valley of California. It is 90 minutes North from Los Angeles, and 4 hours South of San Francisco. (2 hours to the central coast and 2.5 hours to the mountains)

What is the population of Bakersfield?

Approximately 500,000 which includes the county islands located within the city of Bakersfield.

What are the main economic drivers of Bakersfield.

Government, Agriculture, Energy, and logistics

What makes Bakersfield such a good location for Multifamily real estate investing?

It is one of the last locations in California that investors can earn positive cash flow.

What is the vacancy rate in Bakersfield Ca?

In the 4th quarter of 2023, it was 3.1%. Bakersfield has had minimal multifamily development, so the vacancy rate has remained low for a long time.

What drives the population growth in Bakersfield California?

Jobs, affordable living, and a family friendly lifestyle that it hard to find in larger cities in California.

What is the average price per unit in Bakersfield California?

In 2023 the average price per unit was $145,000.

What is the average rent growth rate in Bakersfield California?

In 2023 it was 4.45%, but over the previous 5 years it has averaged 9.96%.

How many apartment units exist in Bakersfield California?

Approximately 49,000 rentals in Bakersfield California.