Bakersfield CA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- CRAR23058796
View additional info
Courtesy: MRM & Associates, REALTORS
ADDITIONAL INFORMATION
When opportunity knocks will you answer? The Park Motel’s doors await your decision... The Park has a long history that has proven just how profitable this property’s location and name recognition has been in Bakersfield. Strategically located on a busy thoroughfare, adjacent to downtown Bakersfield and the trendy shops and restaurants of Mill Creek. This well-situated location is perhaps why with a mere 15 rooms The Park grossed well over 200k last year! Turnkey management is well functioning and is in place for your convenience or you can run it yourself and get rich quick! High output 15 units that grossed well over 200k last year! Features: Spacious two bedroom manager unit, Cable TV, Internet, CCTV system, Courtyard & guest barbecue. Guest Laundry & Vending. On-site motel laundry / linen facility.
Bakersfield Real Estate
The median home value in Bakersfield, CA is $390,000. This is higher than the county median home value of $334,900. The national median home value is $338,100. The average price of homes sold in Bakersfield, CA is $390,000. Approximately 56.78% of Bakersfield homes are owned, compared to 37.99% rented, while 5.24% are vacant. Bakersfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bakersfield real estate agent to arrange a tour today!
Bakersfield, California has a population of 398,756. Bakersfield is more family-centric than the surrounding county with 37.17% of the households containing married families with children. The county average for households married with children is 36.03%.
The median household income in Bakersfield, California is $69,014. The median household income for the surrounding county is $58,824 compared to the national median of $69,021. The median age of people living in Bakersfield is 31.3 years.
Bakersfield Weather
The average high temperature in July is 97.4 degrees, with an average low temperature in January of 37.7 degrees. The average rainfall is approximately 7.2 inches per year, with 0.1 inches of snow per year.