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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
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
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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
  • Listing ID: 33411190

  • Date on Market: 2024-10-04

  • Last Updated:

  • Address: 226 Wilson Ave, Bakersfield, CA 93308

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