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Multifamily

20200 Mini Ct

20200 Mini Ct, Tehachapi, CA 93561

Listing Price: $649,000

Cap Rate
6.25%
Number of Units
4
GRM
8.45
Occupancy
98.0%
Price/Unit
$162,250
Price/Gross SF
$143.58
Gross SF
4,520

Investment Overview

Marcus and Millichap are pleased to present this two-story value-add (4) unit multi-family property located in the greater part of Tehachapi CA. Built in 1987, this property is located at 20200 Mini Ct. Tehachapi, CA 93561 -- APN: 467-173-05-00-9.

This property features four (4) highly desirable units that have been recently built (2004). All units consist of 2 Bed / 1.5 Bath. Each unit contains a kitchen, living room, hookups for laundry, and their own designated parking garage.

These units are new to the market and a great investment opportunity! With the increase in population and employment growth, this property is located in one of Tehachapi’s strongest and highest rental markets. Rarely does an investment opportunity like this come to the market in Tehachapi. If it does, the property is sold quickly. This geographic location is near schools, retail centers, and the downtown area with easy access on/off Highway 58. With its convenient location in Tehachapi, you are in the vicinity of a very large rental pool.

Investment Highlights

  • Rare Market Find
  • Two-story Buildings
  • Parking Garage Per Unit
  • Opportunity to Build an ADU
  • Property Situated on a Big Lot
  • Near Schools, Retail, Eateries
  • Located in Strong Rental Market
  • Located in the Golden Hills Area

Exclusively Listed By

Financing By

Multifamily

20200 Mini Ct

Listing Price: $649,000

Cap Rate
6.25%
Number of Units
4
GRM
8.45
Occupancy
98.0%
Price/Unit
$162,250
Price/Gross SF
$143.58
Gross SF
4,520

Investment Highlights

  • Rare Market Find
  • Two-story Buildings
  • Parking Garage Per Unit
  • Opportunity to Build an ADU
  • Property Situated on a Big Lot
  • Near Schools, Retail, Eateries
  • Located in Strong Rental Market
  • Located in the Golden Hills Area

Investment Overview

Marcus and Millichap are pleased to present this two-story value-add (4) unit multi-family property located in the greater part of Tehachapi CA. Built in 1987, this property is located at 20200 Mini Ct. Tehachapi, CA 93561 -- APN: 467-173-05-00-9. This property features four (4) highly desirable units that have been recently built (2004). All units consist of 2 Bed / 1.5 Bath. Each unit contains a kitchen, living room, hookups for laundry, and their own designated parking garage. These units are new to the market and a great investment opportunity! With the increase in population and employment growth, this property is located in one of Tehachapi’s strongest and highest rental markets. Rarely does an investment opportunity like this come to the market in Tehachapi. If it does, the property is sold quickly. This geographic location is near schools, retail centers, and the downtown area with easy access on/off Highway 58. With its convenient location in Tehachapi, you are in the vicinity of a very large rental pool.

Exclusively Listed By

Financing By

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