Exclusive Investment Opportunity in Chico, CA This Recently Constructed multifamily asset presents an opportunity to acquire an 8- unit, 3 story townhome community built in 2014 on the corner of Orange and W 6 Streets in Chicos South Campus neighborhood, walking distance to Chico State. Designed with student housing in… Read More mind, all units are spacious 3-bedroom/3-bath townhomes with attached 2-car garages, offering a more upscale product than the typical Chico rental stock. The propertys small unit count and single-building footprint make it a manageable, turnkey hold for an investor looking to enter the Chico student- housing market without taking on a large-scale asset. Property Highlights 8 total units in a 3-story, townhome-style building Unit mix: all 8 units are 3 bed/3 bath (private bath per bedroom Attached 2-car garage per unit + 10 additional parking spaces South Campus Neighborhood - walking distance to CSU Chico and downtown Chico Managed by Hill Properties Granite countertops, vinyl plank flooring, full-size in-unit washer/dryer Individually controlled thermostats per bedroom (room-by-room climate control) plus in-unit A/C Landscaping service included by ownership; tenants historically pay a monthly utility surcharge for water/sewer/trash plus a share of PG&E Read Less
Courtesy of Corcoran Icon Properties, Steve Belluomini (916)-769-5299
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
14,240
Lot Size
0.65 Acres
Year Built
2014
MLS Number
ML82061341
Additional Details
Lot
Max Area: 28314.00, Max Area Units: Square Feet, Lot is 0.65 acres
Accessibility Features
Parking
Building
14,240 structure square feet, Age: 12, Built in 2014, 2 buildings, 8 minimum units in complex
Cooling
Multi-Zone
Floors
Carpet, Hardwood
Foundation
Concrete Slab
Garage
16 garage spaces, Attached Garage
Water Features
Public
Heating
Central Forced Air
Tenant Pays
Other
Miscellaneous
Total expenses: 79030
Property
Zoning: r3
Roof
Other
Security Features
Other
Taxes
Annual tax amount: $34,100
Sewer
Sewer - Public
Utilities
Separate Water, Public Utilities
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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