4201 Parkwood Court, Bakersfield CA

The Parkwood Court Apartments is a well maintained 11- unit apartment complex located in South West Bakersfield, CA. The subject property is ideally located approx 1/4 of a mile from the 99 frwy in a quiet cul-de-sac.street. Built in 1978, The Parkwood Court Apartments consists of 1 (2+1.5) town home style owners unit, with double car, direct access garage with remote, two patios, fireplace and laundry hookups, 5 (2+1) units and 5 (1+1) units with separate gas/electric meters and water heaters for each tenant - owner pays water & trash. The upstairs units boast vaulted ceilings creating a spacious effect upon entry. There is ample parking available with 15 enclosed garages and abundant street street parking. The units all have central AC & Heat, wet bars, dishwashers. spacious closets, enclosed patios (some units) and an on-site laundry facility for additional landlord income. Tenants also enjoy easy access to nearby shopping, numerous other retail amenities, parks and schools. The property is priced to sell at in place 8.5 GRM/7.15 CAP rate - see attached supplements for marketing brochure with rent roll & expense information.