890 E 9th Street, Chico, CA 95928
Property · 2 recorded sales since 2017
Sold November 2024
Listing Agent: MaryAnn Scott (DRE #00784476) · Listing Office: Parkway Real Estate Co. · Contact: 530-521-0297 · Bought with: Mike McCrady · Michael McCrady, Broker · MLS #SN24130414 · Source: CRMLS
About this property
Fantastic, hard-to-find, and very well-maintained, the "Peppertree Apartments" in Chico, CA, presents an excellent investment opportunity. This well-established complex consists of 17 units, including 16 two-bedroom, one-bath units, and one one-bedroom, one-bath unit. Over the past few years, most units have been thoughtfully updated with vinyl plank flooring, modern ceiling fans, and stylish light fixtures. The apartments feature wall cooling, gas wall heating, and newer dual-pane windows. Recent upgrades also include new countertops in many of the units, refurbished roofing, and an enhanced courtyard. The courtyard is so clean and offers a welcoming space for residents to relax and enjoy. There is convenient on-site parking and off-street parking and a seller-owned on-site laundromat with coin-operated washers and dryers. The complex benefits from high occupancy rates, with units rarely vacant. Conveniently located near the freeway, park, and downtown, one unit is occupied by an on-site manager, with rent credit reflected accordingly.
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history
