0.75 acres | #SN24132093
Description
Compass Point Apartments is a well-maintained 20-unit multifamily property located in the charming town of Chico, CA. This complex comprises sixteen one-bedroom, one-bathroom units, and four two-bedroom, one-bathroom units, with spacious layouts of 725 and 825 square feet, respectively. Tenants at Compass Point enjoy a "homey" atmosphere within this low-density, colonial-style community. The current owner has invested hundreds of thousands of dollars over the past 20 years, resulting in a 'pride of ownership' property with many interior/exterior upgrades throughout. This offers the next investor the opportunity to bring rents to market rates and achieve a healthy return.
Property Details
- Lot DescriptionTwentyOneToTwentyFiveUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$2,795,000
- MLS #SN24132093
- MLS #SN24132093
- Property SubtypeMixedUse
- Cost2695000
- Utility SourcePublic
- CountyButte
- Acres0.75
- Year Built1980
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Spencer Moyer (#SNMOYER)
Listing Office: Alive Commercial Real Estate (#SNACR)
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