1217 W Sacramento Avenue Chico, CA 95926

$7,700,000 Active

About the Property

Fell out of escrow no fault of seller. This premier student property consists of 32 newly constructed units located near CSU Chico and downtown Chico, CA. Apartments feature granite counters, wood style plank flooring, stainless appliances and washer/dryers in each. Units have kitchens equipped with range, microwave, stove and refrigerator. Property is near bus routes, and within a short distance to downtown, CSU Chico, restaurants, shopping and grocery stores.

Property Information

Size 26,240 SqFt
Price/SqFt $293
Lot Size 1.66 Acres
Year Built 2017
Property Type Residential Income
Listing Number SN18047649
Listed 3/5/2018
Modified 9/12/2018
Listing Agent Ryan Vaught
Listing Office Ryno Company
Total Building 8
Total Units 32

Property Features

# Electric Meters
  • 32
# Gas Meters
  • 32
# Units Leased
  • 26
# Water Meters
  • 1
Garage Spaces
  • 0.00
Gross Income
  • 529320.00
Gross Scheduled Income
  • 518734.00
Net Operating Income
  • 366391.00
Operating Expense
  • 152343.00
Pool
  • None
Total Actual Rent
  • 42660.00
Total Expenses
  • 152343.00
Water Source
  • Public
Community Features
  • Suburban
  • Urban