Investment Overview

Marcus & Millichap are pleased to present For Sale this 13.97 acres of vacant land zoned R-2. The property consists of approximately (7) acres to be utilized for construction of 121 multi-family apartment units. The other +/- (7) acres on the NWC would be ideal for a Gas Station and C-Store with additional Commercial Retail surrounding it. This property is located at the NWC of Stine Rd. & McKee Rd in southwest Bakersfield, Ca. 93313 zip code. This property is contiguous to a newer established local High School with a “rich” history of academia and athletic success. Student Enrollment is high and housing is needed. The APN# 532-020-11. The property includes previously approved plans for 121 apartments. The plans were permit ready. Please see this Offering Memorandum for some of the hi-lites of this property and (potential) project. PRICED RIGHT!! This offer saves you time and money due to it’s readiness to develop and build. With Proposition 33 getting voted down… apartment development will soar again!! Be ahead of the new building wave and carve out your Wealth!!