1120 Esplanade, Chico, CA, CA 95926
- $2,760,000
- List Price
- $2,760,000
- Status
- ACTIVE
- MLS#
- SN26141996
- County
- Butte
- Year Built
- 1962
- Square Feet
- 15,805
- Lot Size (acres)
- 0.65
- Lot Location
- Street Level
- Days on Market
- 31
- Property Type
- Commercial
- 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.
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Additional Information
- Parcel Number
- 003101019000
- Common Interest
- Community Apartment
- Lot Features
- Street Level
- Water
- Public
Listing courtesy of Listing Agent: Michael Donnelly (mike@cbcnorcal.com) from Listing Office: Commercial Brokers of California.
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