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Listed by Shawn Smith, DRE #01821530 • Commercial Brokers of California
$ 2,760,000
Est. payment /mo
New
1120 Esplanade Chico, CA 95926
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSN26142170
Year Built 1962
Source California Regional MLS
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
Laundry Other, Community Facility
Exterior
Parking Features Carport
Pool Pool - Fenced, Community Facility
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 003101019000
Special Listing Condition Not Applicable
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