Bakersfield, CA

Off Market in Bakersfield, CA

Off Market in Bakersfield, CA

REO SALE - 
Defaulted 22,000 + SF Shopping Center in Kern County in Receivership
 
SUMMARY
8 Unit Shopping Center with Restaurant Pad in Bakersfield
22,935 SF
84,071 (1.93 Acre) Lot
Built 1986
120 Parking Spaces
Located on Major Intersection and just off Highway 99
Major Tenant Jack in The Box Pad
In area with many restaurants and Amusement Park across the street
Notice of Default filed July 2018
Current Default Rate: 10.75%
Loan Fully Matured and Now Due
Court Receiver Collecting Rents
AS IS Appraised Value May 2014: $5,100,000
BANK PRICE: $4,000,000 or Best Offer
 
If interested, please contact to sign NCND and receive Full Package:
Roy Belson
(818) 620-2020
Re/Max Olson Commercial
CalBRE# 01345852