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21220 Campo Ct & 20210 Park Rd Tehachapi, CA 21220 Campo Ct 16 Unit Apartment Building $2,777,881 CAD ($173,618 CAD/Unit) Tehachapi, CA 93561

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EXECUTIVE SUMMARY

This is an amazing opportunity to own these two 8-unit apartments in Tehachapi. The 16-unit apartments feature cozy living rooms, spacious kitchens with dining areas, and a good-sized balcony. The building has been recently renovated and is in good condition. Each unit has its own gas and electric meters. The location of this property is perfect for investors who want to benefit from the robust rental market in Tehachapi. The area is one of the most sought-after in the region, with a high quality of life and a low cost of living. The property is close to everything that Tehachapi has to offer, such as schools, shopping centers, restaurants, parks, and highways. Tehachapi is a fast-growing community with a strong economy and a diverse population. The demand for rental units is high, and the vacancy rates are low, which means steady income and appreciation for the owner. The whole portfolio has a total of 52 units. Buyers can purchase 16 units or 20 units or a total of 52 units at a time.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $281,417 $26.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $281,417 $26.65
Taxes $32,424 $3.07
Operating Expenses $72,046 $6.82
Total Expenses $104,471 $9.89
Net Operating Income $176,947 $16.76

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $281,417
Annual Per SF $26.65
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $281,417
Annual Per SF $26.65
Taxes (CAD)
Annual $32,424
Annual Per SF $3.07
Operating Expenses (CAD)
Annual $72,046
Annual Per SF $6.82
Total Expenses (CAD)
Annual $104,471
Annual Per SF $9.89
Net Operating Income (CAD)
Annual $176,947
Annual Per SF $16.76

PROPERTY FACTS

Price $2,777,881 CAD
Price Per Unit $173,618 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.53 AC
Building Size 10,560 SF
No. Stories 2
Year Built 1984
Zoning R-3 - Residential

AMENITIES

SITE AMENITIES

  • Smoke Free
  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 - 660

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
468-093-04-00-0
Land Assessment
$73,353 CAD (2025)
Improvements Assessment
$1,276,349 CAD (2025)
Total Assessment
$1,349,703 CAD (2025)
Annual Taxes
$32,424 CAD ($3.07 CAD/SF)
Tax Year
2024
  • Listing ID: 30713600

  • Date on Market: 2024-01-20

  • Last Updated:

  • Address: 21220 Campo Ct, Tehachapi, CA 93561

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