Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

21

Building size

12,968 sqft

Lot size

0.62 sqft

Year built

1964

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

14

MLS #

244557756

About this property

511–517 E. Fredricks Street is a 21-unit multifamily property situated on approximately 0.62 acres in the growing High Desert community of Barstow. The property consists entirely of one-bedroom, one-bathroom units across two two-story buildings totaling approximately 12,968 rentable square feet. Built between 1959 and 1964, the asset offers a value-add investment opportunity with rental upside through continued unit turnover and market rent growth. Tenants pay gas and electricity, helping reduce owner utility expenses. Conveniently located near Interstate 15, Interstate 40, Downtown Barstow, shopping, dining, schools, and the Marine Corps Logistics Base, the property benefits from strong workforce housing demand and excellent regional accessibility.

Location

511 E Fredricks

Barstow, San Bernardino, CA, 92311