Friday, February 21, 2025

2115 G Street Bakersfield, CA 93301

Property Site: https://tour.corelistingmachine.com/home/BSQHE5/2115-G-Street-Bakersfield-CA-202502099
We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior capital improvements including new paint, fencing, landscaping, and staircase repairs. The remodeled units have demonstrated the rent potential, offering an investor the ability to capture an extreme rental increase once fully stabilized. With a current NOI of $107,228 and a pro forma projection Significantly higher (20%!!) this is a rare opportunity to acquire a high-yielding asset with built-in equity upside. The heavy lifting has been donenow it's about executing on the final stage to drive long-term cash flow growth. Serious investors onlycall now to discuss financials and next steps.
Bathrooms: 0.00
Square feet: 3,610
Price: $1,795,000

For more information about this property, please contact Esteban Contreras at 661-617-0074 or esteban@vanguardrealtyinvestments.com. You can also text 8727133 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


MLS ID: 202502099

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