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Multifamily loan rates and Commercial loans

Bakersfield, California

As of 2014, December, within a 10 mile distance of Bakersfield, the average apartment rent is $908. For Bakersfield, $727 is the average rent for a 1 bedroom apartment housing unit, and $793 is the average rent for a 2 bedroom apartment housing unit.

The average apartment rent for the prior six months in Bakersfield has gone up $7 or 1 %. 1 bedroom apartment units have gone up $8.5 or 1%. 2 bedroom apartment units have gone down by $2 or 0%.

A source to get some information on the Bakersfield multifamily housing market is California Apartment Association – www.caanet.org

As of 2015, February, for Bakersfield, $66,258.39 is the median asking price per unit for multifamily housing properties for sale. This is an increase of 3% when compared to the past 3 months and it is an increase of 8.4% when you compare it to year over year.

Bakersfield is located in the State of California within Kern County. 347,483 is the number of people living in Bakersfield in 2010. For California, Bakersfield is the number 9 biggest city, and for America it is the number 52 biggest city. Kern County has Bakersfield as its county seat. Regarding Fresno and Los Angeles, Bakersfield is more or less equidistant between them. Fresno is positioned 110 miles to the north, and Los Angeles is positioned 110 miles to the south.

To look for more information on Bakersfield multifamily complexes for sale, go to http://www.loopnet.com/Apartment-Buildings-For-Sale/. Another source to find more information regarding Bakersfield multifamily properties, go to http://www.biggerpockets.com/

Apartment Loan Store is proud to serve the entire Greater Bakersfield area:

  • Oildale
  • Lamont
  • Arvin
  • Shafter
  • Wasco
  • Taft
  • Delano
  • Tehachapi
  • Porterville
  • Lindsay
  • Corcoran
  • Tulare
  • Exeter
  • Farmersville
  • Fillmore