501 W Fredricks ST Barstow, CA 92311

Highlights; 100% Occupied, Competitive Offering Actual CAP Rate of 8.80 %, Competitive Offering Actual GRM of 6.22, upgraded units, new double pane windows, 98% occupancy non rent controlled area, priced to sale at $38,888/unit. The Garden View Apartments are 24 Units located in Barstow Ca. The property is composed of eight 1 bedroom 1 bathroom units and sixteen two bedroom 1 bathroom units. The property has been very well maintained and shows a pride of ownership. Updates include all new double pane vinyl windows, new hardwood flooring, and ceramic tiled kitchens and bathrooms. This apartment community sits on a 1.8 acre lot just north of Interstate 15, one mile west of Historic Route 66. The Garden View Apartments are situated near three education centers, two city parks, and the Fort Irwin military base. Property must be purchased with 518 W Fredricks St. (12 Units MLS# IV16108458)