1991 Humboldt RD, Chico, CA 95928
1991 Humboldt RD, Chico, CA 95928
1991 Humboldt RD, Chico, CA 95928
12
See all 12 photos
$8,200,000
Est. payment /mo
Save
1.4 Acres Lot
Price Dropped by $575K

1991 Humboldt RD Chico, CA 95928

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26027768

HOA Y/N No

Year Built 2023

Lot Size 1.400 Acres

Property Sub-Type Apartment

Property Description

MAJOR PRICE ADJUSTMENT OF OVER $500,000 TO ENHANCE BUYER ROI. Now priced well below replacement cost. Turn-key complex with stabilized occupancy and immediate cash flow with maximum tax benefits. Great opportunity to own a recently constructed apartment complex in southeast Chico. The complex is gated and has a pool and clubhouse. It is conveniently located near transportation arteries and the bike path along Little Chico Creek. The rear of one building and the patios and balconies look over the creek. The complex also has owned solar. The unit sizes are large: 1/1 units @t 816 to 850 SF; 2/2.5 units @ 1,050 SF; and 3/2.5 @ 1,451 SF. This investment grade property would work well for and 1031 exchange investor or one wanting to build wealth through apartment ownership. Pro forma income and expense information shown. Call or email for more information or for access.

Location

State CA

County Butte

Interior

Heating Solar

Inclusions Washers/Dryers/Refrigerators/Pool Equipment

Fireplace No

Appliance Dryer, Washer

Laundry Laundry Closet

Exterior

Parking Features Assigned, Asphalt, Controlled Entrance

Pool Community, Fenced, In Ground

Community Features Biking, Dog Park, Pool

Total Parking Spaces 62

Private Pool No

Building

Lot Description 26-30 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 002110034000

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Green/Energy Cert Solar

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Scott Hamm Scott Hamm Realty 530-520-6208, DRE #00910514

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from STRIVE Real Estate Group | Real Brokerage, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

I agree to be contacted by Strive Network Inc. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.  Terms of Service and Privacy Policy

1. We use SMS to confirm appointments, send reminders, and notify clients of schedule updates or important changes. 
 
2. You can cancel the SMS service at any time. Just text "STOP". After you send the SMS message "STOP" to us, we will send you an SMS message to confirm that you have been unsubscribed. After this, you will no longer receive SMS messages from us. If you want to join again, just sign up as you did the first time, and we will start sending SMS messages to you again. 
 
3. If you are experiencing issues with the messaging program, you can reply with the keyword “HELP” for more assistance, or you can get help directly at [admin@strivehome.com]. 
 
4. Carriers are not liable for delayed or undelivered messages. 
 
5. As always, message and data rates may apply for any messages sent to you from us and to us from you. Message frequency may vary. If you have any questions about your text plan or data plan, it is best to contact your wireless provider.
 
 6. If you have any questions regarding privacy, please read our privacy policy: [LINK TO PRIVACY POLICY]. 

Go tour this home

1991 Humboldt RD