344 W 8th Street

South Campus, Chico, CA 95928

$5,000,000
Land

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

53 units. Plans have been submitted for plan check and permits will be ready in sixty days or less. Seller has already spent $2,540,529.00 on plans, land and fees. Approximately 103,000 sqft. The property features 128 bedrooms total with 2,3 & 4 bedroom units. It is situated in the highly desirable South Campus neighborhood within a very short walk to the university and downtown. Low vacancy has resulted in rising rents making the South Campus neighborhood the most attractive rental market in the Chico area. There are a lot of options here for this shovel ready project. You can buy this and build it out with your own contractor. Have the seller build it out and buy it as a finished project. There are a lot of options here and the one thing they all have in common is that the potential for a nice profit is available no matter which way you go
Show MoreShow Less

PROPERTY DETAILS

  • Exterior
    .64 Acres
  • Property Type
    Land
  • MLS/Listing ID
    SN19281667
  • Days On Market
    682

Amenities

  • Terrace
Show MoreShow Less
Listing Courtesy of Century 21 Select Real Estate, Inc.

LOCATION

Google Map Loading...
TRAVEL TIMEFROMSouth Campus
TYPE OF TRANSPORTATION