4023 O, Bakersfield, CA 93301

Description

GREAT Investment opportunity to acquire a 7-unit apartment portfolio spanning two well-maintained buildings one 4-plex and one triplex situated on a large parcel with a vacant rear lot fully approved for 22 additional units.The included vacant rear lot comes with city approvals and plans in place for a new 22-unit multifamily development, giving investors or developers the rare ability to generate immediate cash flow from the existing 7 units while moving forward with an expansion project that dramatically increases density and long-term returns.