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Listed by Alive Commercial Real Estate, Spencer Moyer, Listing Contact: 9168854205

$2,575,000

931 W. East AVE, Chico CA, 95926

Price per sqftN/A
Built in1980
Property typeMulti-family

Overview

Sold

Listed Jun 26, 2024

Updated 2 weeks ago

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.

Additional information

MLS® ID
CRSN24132093

Interior Features

Basement
No

Exterior Features

Lot Size
0.75 Acres

Also listed on CRMLS

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Listed by Alive Commercial Real Estate, Spencer Moyer DRE:01940191,
Listing Contact: 916-885-4205 

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