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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Steve Belluomini • Corcoran Icon Properties, DRE#01095848

$ 2,550,000

Est. payment | -/mo

14,240 SqFt

Save

$ 2,550,000

Est. payment | -/mo

Save

14,240 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,240 sqft

Price per Sqft $179

MLS Listing ID ML82061341

Year Built 2014

Lot Size 0.650 Acres

Property Sub-Type Five or More Units

Property Description

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 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

Location

State CA

County Butte

Zoning r3

Interior

Heating Central Forced Air

Cooling Multi-Zone

Flooring Carpet, Hardwood

Exterior

Parking Features Attached Garage

Garage Spaces 16.0

Utilities Available Public Utilities

Roof Type Other

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Other

Tax ID 004-204-006-000

Security Features Other

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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533 Orange ST Chico, CA 95928