1607 Palm Dr #F31c0d2fd, Bakersfield, CA, 93305

About This Home

One of the most updated, top-tier managed 10-unit buildings coming on the market in some time, priced at a G.R.M. of 7.8! The East Bakersfield offering consists of two 2-bedroom units, and eight 1-bedroom units, fully occupied, modern dual-pane windows, updated exterior paint, beautiful grounds. Owner takes pride in providing a quality living experience for their tenants that has led to happy long-term residents. The 2-bedroom units rent in the $1291-1522 range, and the 1-bedroom units rent in the $744-1194 range. The cap rate is 7.7%.