Multi-Family

Norma Street Apartments


800 S Norma St
RidgecrestCA 93555

Norma Street Apartments

Multi-Family: Mid-Rise

800 S Norma St, RidgecrestCA 93555

Details

Cross Street
S Norma St/W Bowman Rd
Total Size
55,228 SF
Rentable Space
55,228 SF
Residential Space
55,228 SF
Land
5.44 Acres
Zoning
R-3
Building Status
Existing
Number of Buildings
1
Year Built
1992
Number of Floors
2
Floor Size (Average)
27,614 SF
Occupancy Type
Multi-tenant
Number of Units
66
County
Kern

Current Listings

800 S Norma St

55,228 SF$5,200,000
Cap Rate: 5.79%
NAI Capital

*Investment* CAP Rate: 6% A multi-family investor/developer opportunity. Solid unit mix of a 1992 constructed asset. New roofs on all buildings. New asphalt parking lot. Rental upside. Includes two (2) acres stubbed and ready for development. Contact Brokers for OM.

NAI Capital

*Investment* CAP Rate: 6% A multi-family investor/developer opportunity. Solid unit mix of a 1992 constructed asset. New roofs on all buildings. New asphalt parking lot. Rental upside. Includes two (2) acres stubbed and ready for development. Contact Brokers for OM.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

AIRCRE

Source: AIR CRE

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