Bakersfield Assemblage - Possible Assisted Living Facility

[Scott R.]

Two adjacent parcels for sale in Bakersfield, California. Potential for an assemblage. Ideal for a large campus project such as a school, rehab center or assisted living facility. Asking price for both properties: $5,000,000

1st parcel has two industrial buildings, one is 14,700 SF the other 3,305 (total 18,005 SF). Secure - fully fenced. 100% leased, though tenant is open to early termination. Asking price by itself: $2,800,000.

2nd parcel has 7 multifamily units (7980 SF) and is entitled for an additional 28 (35 total). Lot is 53,218 SF. Permits are paid. High upside potential, nearby units renting between 1500-1800. Asking Price by itself: $2,200,000.

For more info reach out to me at (949) 306-4867 or [email protected] and I will send you the offering memorandum.