Great opportunity to own a recently constructed apartment complex in southeast Chico. The complex is gated and has a pool and clubhouse. It is conveniently located near transportation arteries and the bike path along Little Chico Creek. The rear of one building and the patios and balconies look over the creek. The complex also has owned solar. The unit sizes are large: 1/1 units @t 816 to 850 SF; 2/2.5 units @ 1,050 SF; and 3/2.5 @ 1,451 SF. This investment grade property would work well for and 1031 exchange investor or one wanting to build wealth through apartment ownership. Pro forma income and expense information shown. Call or email for more information or for access.
30,884 Sq Ft
1.4 Private Acres Lot Size
Apartment
Built in 2023
MLS/Listing ID SN26027768
2 Stories
30 Units
Pool - Inground
Pool - Fenced
Pool - Community
Washer
Dryer
Community - Pool
Community - Dog Park
Community - Biking
Heating - Solar
Laundry Closet
Parking - Controlled Entrance
Parking - Assigned
Parking - Asphalt
TOTAL MONTHLY COST
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