226 Wilson Ave
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226 Wilson Ave
10 Unit Apartment Building $1,376,585 CAD ($137,659 CAD/Unit) 5.64% Cap Rate Bakersfield, CA 93308
Executive Summary
Take advantage of this prime 10-unit apartment complex featuring ten 1-bedroom, 1-bathroom units, with 9 out of 10 currently rented. This property offers a solid income stream and includes on-site laundry for added convenience. Located near Meadows Field Airport, local restaurants, and parks, it’s an attractive option for tenants seeking both comfort and accessibility. This is a great opportunity to expand your investment portfolio with a property that promises steady rental income. Don’t miss out on this excellent investment—act fast!
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Price | $1,376,585 CAD | Building Class | C |
Price Per Unit | $137,659 CAD | Lot Size | 0.36 AC |
Sale Type | Investment | Building Size | 5,252 SF |
Cap Rate | 5.64% | Average Occupancy | 100% |
No. Units | 10 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 1936/2019 |
Property Subtype | Apartment | Parking Ratio | 1.9/1,000 SF |
Apartment Style | Low Rise | Opportunity Zone |
Yes
|
Price | $1,376,585 CAD |
Price Per Unit | $137,659 CAD |
Sale Type | Investment |
Cap Rate | 5.64% |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.36 AC |
Building Size | 5,252 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built/Renovated | 1936/2019 |
Parking Ratio | 1.9/1,000 SF |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 10 | $1,138 CAD | 525 |
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Walk Score ®
Very Walkable (71)
PROPERTY TAXES
Parcel Number | 113-191-19-00-2 | Improvements Assessment | $639,714 CAD (2024) |
Land Assessment | $69,435 CAD (2024) | Total Assessment | $709,150 CAD (2024) |
PROPERTY TAXES
Parcel Number
113-191-19-00-2
Land Assessment
$69,435 CAD (2024)
Improvements Assessment
$639,714 CAD (2024)
Total Assessment
$709,150 CAD (2024)
zoning
Zoning Code | R2 |
R2 |
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226 Wilson Ave
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