**With rent adjusted to market rate, property CAP rate grows to 5.05%–SEE SALES FLYER FOR PROFORMA FINANCIALS.**
A great opportunity to invest in one of Bakersfield’s most popular rental neighborhoods! This Laurelglen fourplex is a tenant’s dream: rent upside, conveniently located, well maintained and spacious. Featuring an attractive mix of two and three bedroom units, attached garages and a manicured courtyard, this bread and butter apartment is a great addition to any investment portfolio. A five-minute walk brings you to the tree-lined Corvallis Park, filled with playgrounds and picnic tables. A short five-minute drive brings you to the food, shopping, and entertainment on either end of Ashe Road.
|Unit Mix||(3) 2-Bed, 2-Bath Units & (1) 3-Bed, 2-Bath Units|
|Net Operating Income||21,975|
|Gross Rent Multiplier||13.73|
|Address:||6804 Klamath Way #D|