Oildale Industrial Portfolio
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Oildale Industrial Portfolio
3 Industrial Properties Offered at £2,488,531 in Bakersfield, CA
Investment Highlights
- Cash Flow Opportunity - 9%+ Cap Rate
- Combined 11.24 acres
- 21 Leasable Units over 13 building
- Combined 61,118 SF
Executive Summary
A diversified income stream across 21 leasable units and 13 buildings delivers unique cash flow opportunities. Proforma cap rate in excess of 9%. This portfolio incorporates 3 adjacent APNs all with an M-2 Zoning (Medium Industrial). Specific building ages are unknown, listed ages are estimated.
Property Facts
Price | £2,488,531 | Status | Active |
Price / SF | £40.85 / SF | Number of Properties | 3 |
Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
Net Initial Yield | 9% | Total Building Size | 60,918 SF |
Sale Type | Investment |
Price | £2,488,531 |
Price / SF | £40.85 / SF |
Sale Conditions | Portfolio Sale |
Net Initial Yield | 9% |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 60,918 SF |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
1611 Bedford Way, Bakersfield, CA 93308 | Industrial | 8,300 SF | 1980 | - |
130 E Norris Rd, Bakersfield, CA 93308 | Industrial | 29,120 SF | 1980 | - |
160 E Norris Rd, Bakersfield, CA 93308 | Industrial | 23,498 SF | 1980 | - |
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