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Travis Breton

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

$ 2,550,000

Est. payment | -/mo

0.65 Acres Lot

Save

$ 2,550,000

Est. payment | -/mo

Save

0.65 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82061341

HOA Y/N No

Year Built 2014

Annual Tax Amount $34,100

Lot Size 0.650 Acres

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

Fireplace No

Exterior

Carport Spaces 10

Roof Type Other

Building

Water Public

Schools

School District Chico Unified

Others

Tax ID 004204006000

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Steve Belluomini Corcoran Icon Properties #01095848

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