FOR SALE $5,200,000 - LoopNet

[Pages:43]FOR SALE $5,200,000.00

35 ? RENTAL INCOME PORTFOLIO

Seller is Motivated

9 houses in Bakersfield/Oildale Ca. (2) Duplex/2 houses on 1 lot Total of 11 units/doors

21 houses Shafter Ca. 1 house in Wasco Ca.

Rare Opportunity to Acquire this portfolio of Rental Houses. 100% Full. Cap Rate 6.38%, with some

equity at acquisition. Bring All Offers.

20 MINUTES & 18 MILES, FROM BAKERSFIELD TO SHAFTER

Offers ? Communication ? Property Tours

Contact: Randy Hernandez Cell# (661) 912-3051

Advanced Realty Management Inc is pleased to have been chosen to EXCLUSIVELY list this portfolio of 33 rental properties. Seller is moving the funds into a bigger project, therefore has decided to sell the rental income portfolio. The houses are in good areas of Oildale and Shafter CA and are well taken care of. The rents are low on some of the units, due to the seller's financial positions in the market today but the new buyer will have some upside in rents. All the units are rented, and every tenant is thoroughly screened and happy.

TENANTS DO NOT KNOW THE OWNER IS SELLING. DRIVE BY ONLY.

*Sellers would like to sell all the rental properties in one bulk sale, but will allow the right buyer to break them up

Please feel free to call if you any questions.

ADDRESS

1 356 ATKINSON AVE

2 465 LOUISE CT

3 870 VERDE ST

4

391 E. EUCLID AVE

5 236 FABER ST

6 133 GOLDEN WEST AVE

7 320 ANN ST

8 251 OLSON AVE

9 266 CROSS DT

10 339 W. ASH AVE

11 438 CURTIS AVE

12 584 MINTER AVE

13 517 PRINCE LANE

14 240 CALIFORNIA AVE

15 201E. ORANGE AVE

16 408 CROSS ST

17 866 OAKMONT

18 300 ATLANTIC AVE

19 360 E. ASH AVE

20 315 RODRIGUEZ

21 299 E. MARENGO AVE

22 1110 OAK AVE

23 519 WASHINGTON AVE

24 1006 EL TEJON AVE

25 813 MONROE CT

26 1507 STOCKTON AVE

27 408 PEARSON AVE

28 338 FRANCIS ST

29 1216 MCKINNELY AVE

30 918 WILSON AVE #A

30 918 WILSON AVE #B

31 243 ARVIN ST

32 147 FRANCIS ST

32 147 1/2 FRANCIS ST

33 2116 FAYE LANE

CITY SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER SHAFTER WASCO BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD BAKERSFIELD

ZIP 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93263 93280 93308 93308 93308 93308 93308 93308 93308 93308 93308 93308 93308 93308 93304

TYPE SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR SFR 2 ON 1 2 ON 1 SFR 2 ON 1 2 ON 1 SFR

APN# 026-391-30 026-360-14 026-542-02 028-241-09 028-112-17 026-113-22 026-332-14 026-410-15 028-111-03 026-341-04 026-301-07 028-082-07 026-062-04 027-160-15 028-232-01 028-100-08 026-503-08 026-141-11 028-242-14 026-391-08 028-213-04 029-362-08 113-092-03 111-072-10 111-264-28 112-304-12 118-181-11 112-223-18 111-263-27 111-075-20 111-075-20 112-291-02 112-284-01 112-284-01 023-192-06

MARKET VALUE

$

170,000

$

170,000

$

210,000

$

140,000

$

200,000

$

165,000

$

170,000

$

183,000

$

180,000

$

180,000

$

170,000

$

170,000

$

70,000

$

95,000

$

135,000

$

200,000

$

160,000

$

200,000

$

168,000

$

170,000

$

140,000

$

180,000

$

105,000

$

160,000

$

160,000

$

134,000

$

170,000

$

150,000

$

120,000

$

110,000

$

60,000

$

125,000

$

120,000

$

65,000

$

155,000

356 ATKINSON AVENUE SHAFTER CA 93263

3 BED 2 BATH 1040 SQFT. YEAR BUILT: 1973 LOT SIZE: 6,969 MONTHLY RENT $1,100.00 (TENANT PAYS PG&E WATER + LANDSCAPE)

MARKET VALUE $170,000.00

1.

APN# 026-391-30

465 LOUISE COURT SHAFTER CA 93263

3 BED 2 BATH 1026 SQFT. YEAR BUILT: 1970 LOT SIZE: 12,196 MONTHLY RENT: $1,025 (TENANT PAYS PG&E WATER + LANDSCAPE

MARKET VALUE: $170,000.00 (HUGE LOT)

2.

APN# 026-360-14

870 VERDE STREET SHAFTER CA 93263

4 BED 2 BATH 1,274 SQFT. YEAR BUILT: 2000 LOT SIZE: 6,098 MONTHLY RENT: $1,100.00 (TENANT PAYS PG&E WATER + LANDSCAPE)

MARKET VALUE: $210,000.00

3.

APN# 026-542-02

391 E. EUCLID AVENUE SHAFTER CA 93263

3 BED 2 BATH 850 SQFT. YEAR BUILT: 1955 LOT SIZE: 6,098 MONTHLY RENT: $1,100.00 (RENTER PAYS PG&E + LANDSCAPE)

MARKET VALUE$140,000.00

4.

APN# 028-241-09

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