Investor's Special! This property is ready for you to turn it into 10 units (city plans are awaiting approval) Each unit should rent for about $900 which shows $9000/ Month. At cap rate of 6% and 25% vacancy rate this property can be worth about 1.3M. The cost to renovate the property would be about $300K-$400K (based on two rough estimates) It has been a church in the past, and has other uses - potentially a group home? It is located just 1/2 hour from Palmdale, Edwards Airforce Base and Bakersfield! Check out Aerotech News to see some upcoming plans for Mojave! This is a great opportunity to take advantage of some great things to come! This is for a savvy investor.
SR24043616
Commercial - Mixed Use, Business Opportunities, 1 Story
1929
Kern
0.347
Acres
Public
1
Stucco
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Loading...
Loading...