Listed by Watson Realty
$725,000
309 East Brundage Lane
Details
Property Type Retail, Industrial
Sub Type Auto Shop, Warehouse
Square Footage 4,615
Net Rentable (SqFt) 59,574
Units 4
Cap Rate 5.00%
NOI $59,574
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 5.00%
Pro-Forma NOI $59,574
Price per SqFt $157
Class A
Year Built 1957
Year Renovated 1976
Buildings 3
Lot Size (SqFt) 15,681
Zoning C2
Parking Spaces 10 per key
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Ceiling Height 12
Sale Condition N/A
Fantastic income- producing property at 309 E Brundage Ln in Bakersfield.
Marketing description
Great opportunity, long term tenants. The property generates steady income with minimal management required Conveniently located close to freeway access. Ample parkingavailable including potencial rear parking. Permitted addtions include a shop at the back of the building with alley access.
Investment highlights
IT features multiple long-term tenants generating steady cash flow with addtional upside potencial . The seller is motivated and open to reasonable offers.
Listing Contacts
Listed by Watson Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,574.00
$4,964.50/mo
Valuation Metrics
0
DSCR
8.22%
Cap Rate
8.22%
ROI
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