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Listed by: Shawn Smith (530) 308-7162 DRE #01821530, Brian Littrell DRE #01350075 | Commercial Brokers of California (530) 828-0011
$2,760,000
6 Beds
- 4 Baths
15,805sqft
1120 Esplanade, Chico, CA 95926
$2,760,000
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Apartment
Built in 1962
$-- HOA
0.65 acre lot
$175/sq.ft
Description
OPPORTUNITY KNOCKS! First time on the market in over 25 years! This 2 story, 24 unit apartment complex is a classic charmer, centrally located in the Heart of Chico. As you enter the central courtyard, it is like walking into an oasis, with its' sparkling swimming pool, wrap around balconies, and lush mature landscaping. Situated within walking distance to Chico State University, Downtown, and Chico High School, the Subject Property is also close to public transportation, and has easy freeway access. With a strong rental history, balanced tenant mix, and stabilized market rents, it makes this a great investment opportunity.
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
15,805 sqft
Lot Size
0.65 acre lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SN26142170
MLS Status
Pending
Days on Market
56
Cumulative Days on Market
30
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