The Cottages of Oleander

• Introducing an exceptional investment opportunity presented by Central Valley Property Advisors: A delightful fourteen-unit cottage-style apartment complex awaits your consideration. Nestled within the heart of Bakersfield's coveted downtown area, this property offers a unique blend of charm, functionality, and promising returns. Comprising fourteen meticulously crafted one-bedroom, one-bathroom units, this complex epitomizes cozy yet modern living. Each unit is thoughtfully designed to maximize comfort and convenience, providing tenants with a welcoming sanctuary to call home. Situated on an expansive 27,007 square-foot lot, the property boasts ample space for tenants to enjoy. With a gross rentable square footage of 7,280, there's no shortage of room for residents to relish in. The majority of units underwent extensive renovations in 2021, ensuring a fresh and contemporary ambiance throughout. Coupled with a robust tenant base already in place, many paying at nearly market rent, this offering presents an enticing prospect for investors seeking immediate returns and long-term stability. Located within the vibrant Oleander Community, residents benefit from easy access to an array of amenities, including dining, shopping, entertainment, and more. The area's popularity guarantees minimal vacancy rates, providing investors with peace of mind and a steady income stream. Don't let this opportunity pass you by. Seize the chance to own a piece of Bakersfield's history and be part of the thriving Oleander Community. Contact Central Valley Property Advisors today to arrange a viewing and secure your investment in this remarkable property.