When in Bakersfield, look for cash flow. Edison Highway may be a hidden secret for apartment investors. Very low density. Very few apartment buildings. very quiet except for the occasional whisper and rumble of a train. Zoning is C-2, mix is mostly business, homes, and some apartments. Don't pass up with great opportunity for investors. Property has been priced well below market value, due to Owner's partner wanting to liquidate on a quick basis. All units are currently occupied generating $2430/month!! 12% Cap Rate is the reason why you want to invest in Bakersfield.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
