Offered at $1,640,000, 5201 Demaret is a well-maintained 16-unit apartment complex located in Southwest Bakersfield near the California Avenue office corridor and major retail centers. Built in 1970 and totaling approximately 10,980 square feet, the property generates a gross scheduled income of $181,860 annually. The seller has cared for the building to a high standard, including recent exterior paint and ongoing upkeep. This asset presents an attractive opportunity for investors seeking cash flow in a strong rental submarket
Courtesy of Marc A Thurston with ASU Commercial
Courtesy of Marc A Thurston with ASU Commercial
Provided Courtesy Of Bakersfield Association of Realtors.
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