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ResidentialIncome — 1120 Esplanade, Chico, CA

$2,760,000

1120 Esplanade, Chico, CA

$2,760,000 — 1120 Esplanade, Chico, CA — photo 1 $2,760,000 — 1120 Esplanade, Chico, CA — photo 2 $2,760,000 — 1120 Esplanade, Chico, CA — photo 3 $2,760,000 — 1120 Esplanade, Chico, CA — photo 4 $2,760,000 — 1120 Esplanade, Chico, CA — photo 5
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About this property

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.

Property details

Year built
1962
Property type
ResidentialIncome

Location

1120 Esplanade • Chico, CA 95926

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Listed by

Shawn Smith · Commercial Brokers of California

Listing courtesy of Commercial Brokers of California. Information deemed reliable but not guaranteed.

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