Liberty Park Portfolio

12906 Merlot Dr., Bakersfield, CA 93314

  • For Sale $900,000
  • Property Type Multi-Family
  • Property Size 4,764 SF
  • Units 4
  • Lot Size 0.26 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2004
  • Date Updated Apr 15, 2024
Rosedale Hwy & Allen Rd - Northwest BakersfieldPrice Improvement! The Liberty Park apartments are a Pride of Ownership 4 Unit multifamily community built in 2004, and located in prime northwest Bakersfield, CA. The subject property is listed as part of a 12 U (3-legal 4plxs) portfolio sale with the following properties in the same tract: 12912 Merlot Dr.(4U) and 2212 Cullen Ct. (4U). Sellers prefers to sell all 3 4plxs to the same buying entity. The subject property is a 4 unit apartment building situated on one spacious 11,313 sf lot. The subject property boasts an excellent unit mix of 2 (3+2) townhomes and 2 (2+2) townhome units, with numerous tenant amenities including: garage parking, central AC/HT, in unit washer & dryer hookups, patios, separate gas & electric meters and hot water heaters for each unit. The Liberty Park apartments are ideally located in the award winning Rosedale Union School District (Liberty High School, Rosedale Middle, Independence Elementary), and in very close proximity to numerous, vibrant surrounding retail, restaurant, and entertainment venues. The Liberty Park apartments are offered at only $189 CPSF with upside to a Cap rate of 7 at market rents - they are a perfect fit for an investor looking for long term growth with a pride of ownership income property asset.

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Highlights

  • Pride Of Ownership 4 Unit, 2004 Construction in Prime Northwest Bakersfield
  • Portfolio Sale 20 Total Units Available Same Tract (3) legal 4plxs plus - 3 total parcels
  • 100% Occupied, Excellent Mix of (3+2) and (2+2) Townhomes
  • Garages, Central AC/HT, In-Unit Washer/Dryer Hookups, Patios
  • Separate Gas/Electric Meters & Hot Water Heaters
  • 10.27 GRM/6.33 Cap Actual Rents & 9.52 GRM/7 Cap Market Rents, $189 CPSF
  • Professionally Managed

Contacts

broker

Ed Diaz

Vanguard Property Group

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable
  • Transit Score ®

    20/100 Minimal Transit
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bakersfield, CA
  • Neighborhood Masterpiece Estates
  • Zip Code 93314
  • Market Central Valley

Points of Interest

  • Bakersfield

    7.82 miles

  • Chevron

    1.84 miles

  • Mobil

    1.89 miles

  • Unocal 76

    2.94 miles

  • Sully's Olive

    2.94 miles

  • Whitewater Carwash and Lube

    3.14 miles

  • Bakersfield, CA - Camino Del Rio Ct Supercharger

    5.56 miles

  • The Home Depot

    2.64 miles

  • Lot F

    3.13 miles

  • Lot G

    3.20 miles

  • Lot J

    3.22 miles

  • Lot K1

    3.30 miles

  • Lot K3

    3.34 miles

  • Lot K2

    3.36 miles

  • Lot H

    3.36 miles

  • Lot L

    3.45 miles

  • Lot I

    3.47 miles

  • Lone Oak Lounge

    1.43 miles

  • Residence Inn by Marriott Bakersfield West

    2.94 miles

  • TownePlace Suites

    2.96 miles

  • Home2 Suites by Hilton Bakersfield

    3.07 miles

  • Hyatt Place Bakersfield

    3.49 miles

  • Homewood Suites by Hilton Bakersfield

    3.84 miles

  • Four Points by Sheraton Bakersfield

    5.12 miles

  • Holiday Inn Hotel & Suites Bakersfield

    5.34 miles

  • Motel 6 Bakersfield Airport

    5.35 miles

  • Best Economy Inn

    5.38 miles

  • McDonald's

    0.14 miles

  • The Flame Broiler

    0.82 miles

  • The Habit Burger Grill

    0.82 miles

  • Jin Sushi Japanese Restaurant

    0.82 miles

  • Sonic

    1.89 miles

  • Five Guys

    1.93 miles

  • Ono Hawaiian BBQ

    2.03 miles

  • Freddy's

    2.04 miles

  • Round Table Pizza

    2.04 miles

  • Popeyes

    2.11 miles

  • Rosedale Middle School

    0.39 miles

  • Centennial Elementary School

    0.42 miles

  • Rosedale-North Elementary School

    1.16 miles

  • Liberty High School

    1.43 miles

  • Apostolic Christian Academy

    1.81 miles

  • Freedom Middle School

    1.86 miles

  • Bakersfield Christian High School

    2.03 miles

  • Greenacres School

    2.08 miles

  • Fruitdale Junior High School

    2.09 miles

  • Veterans Elementry School

    2.46 miles

Frequently Asked Questions

How much does Liberty Park Portfolio cost?

The space currently listed for sale at Liberty Park Portfolio asks for $900,000.

What is the total square footage of Liberty Park Portfolio?

Liberty Park Portfolio totals 4,764 square feet.

When was this property built?

Liberty Park Portfolio was built in 2004.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Ed Diaz

Vanguard Property Group