518 W Fredricks, Barstow, CA 92311
sale
$1,225,000
|
Other
Courtesy Of Keller Williams Realty Redlands
Don't miss this rare chance to own a fully occupied 12-unit apartment complex in the heart of Barstow, a city on the verge of a major economic transformation. This stabilized income property features a desirable mix of studio and 1-bedroom units that cater to the high-demand affordable housing market, delivering consistent cash flow from day one.Each unit is individually metered for gas and electricity, keeping owner expenses low and operations simple. The property includes on-site parking and low-maintenance landscaping, making this a truly turnkey investment. Well-maintained and move-in ready, there's also modest value-add potential through rent adjustments or light interior upgrades to further boost returns.Location & Growth Potential:Situated near I-15 and I-40, Barstow is positioned at one of the most strategic crossroads in Southern California. The city is set for unprecedented growth with BNSF Railway's $1.5 billion Barstow International Gateway, a 4,500-acre integrated rail facility expected to create approximately 20,000 direct and indirect jobs and reshape the region's economy for decades to come. Construction is anticipated to begin in late 2026, and the influx of workers and families will drive significant housing demand in a market where virtually no new residential construction has broken ground in recent years.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 12
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Floors: 1
- MLSID: IG26116842
- Parking Spaces: 12
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Laundry Room
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bathroom 10
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bathroom 1
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