1991 Humboldt Road , Chico, CA 95928
Great opportunity to own a recently constructed apartment complex in southe...
$8,775,000
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.
Additional Information

Schedule a Showing
Year Built:2023
Size:30884 Sq. Ft.
Lot Size:1.4 Acres
Price:$284.13 per Sq. Ft.
MLS ID:SN26027768
Listing Type:Residential Income
Address
  • Internet Published
  • Income
  • Monthly Gross Income: $14400.00
  • Net Operating Income: $456455.00
  • Pool
  • Pool Type: Community,Fenced,In Ground
  • Sale Type
  • Sale Type: Standard