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$ 2,760,000
Est. payment /mo
New
1120 Esplanade Chico, CA 95926
0.65 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN26141996
HOA Y/N No
Year Built 1962
Lot Size 0.650 Acres
Property Sub-Type Multi Family
Property 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.
Location
State CA
County Butte
Interior
Fireplace No
Laundry Common Area, Inside
Building
Lot Description Street Level
Story 2
Water Public
Others
Tax ID 003101019000
Special Listing Condition Standard
Listed by Michael Donnelly Commercial Brokers of California 530-828-0011, DRE #01429436
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