1120 Esplanade, Chico, CA 95926
1120 Esplanade, Chico, CA 95926
1120 Esplanade, Chico, CA 95926
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$2,760,000
Est. payment /mo
0.65 Acres Lot
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26141996

HOA Y/N No

Year Built 1962

Lot Size 0.650 Acres

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.

Location

State CA

County Butte

Interior

Fireplace No

Laundry Common Area, Inside

Building

Lot Description Street Level

Story 2

Water Public

Others

Tax ID 003101019000

Special Listing Condition Standard


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Listed by Michael Donnelly Commercial Brokers of California 530-828-0011, DRE #01429436

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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