535 W Barnard St - (Stardust Apartments) 1020 E Barnard St - (Barnard Street). The Barnard Street Portfolio presents an exceptional opportunity to acquire two well-maintained multifamily assets totaling 52 units in Blythe, California.

The Barnard Street Portfolio consists of 52 units across two adjacent properties in Blythe, California, offered at a recently adjusted price of $3,750,000. The asset is stabilized and currently operating at an 8.69% cap rate, with a projected pro forma cap rate of approximately 9.37%, providing strong in-place cash flow with additional upside potential.

Both properties have been well maintained, with recent capital improvements completed, limiting near-term capital requirements. The portfolio benefits from consistent occupancy, efficient management, and stable operations. 

Located along the I-10 corridor between Los Angeles and Phoenix, the property serves a reliable tenant base with limited competing supply. This offering presents a solid opportunity to acquire a high-yield, stabilized multifamily asset with continued income growth potential.