Description
Oregon St-- Why compete with the market or wait for Multi Family units to come up for sale when opportunities like this one come along? We are pleased to present this R-2 zoned parcel with ~24k+ sq ft of primarily flat land with ~71 feet of frontage located in the County of Kern. Per County, the R-2 zoning (Medium Density Residential), allows up to 16 units per acre which means you can potentially develop 8-9 units on-site (buyer to verify). Developers/investors: run your costs and explore what an apartment complex can trade at once it's fully developed! Park your hard earned funds in the best hedge against inflation and join one of the hottest rental markets: Bakersfield, CA.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Oregon St-- Why compete with the market or wait for Multi Family units to come up for sale when opportunities like this one come along? We are pleased to present this R-2 zoned parcel with ~24k+ sq ft of primarily flat land with ~71 feet of frontage located in the County of Kern. Per County, the R-2 zoning (Medium Density Residential), allows up to 16 units per acre which means you can potentially develop 8-9 units on-site (buyer to verify). Developers/investors: run your costs and explore what an apartment complex can trade at once it's fully developed! Park your hard earned funds in the best hedge against inflation and join one of the hottest rental markets: Bakersfield, CA.
Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Executive, Realtorsã‚® or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-08-17T09:31:40.41.