1709 Oakdale Street Chico, CA 95928

$5,000,000 Closed

About the Property

Please Note: This property has been SOLD

This property consists of 26 newly constructed units located near 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 27,180 SqFt
Price/SqFt $184
Lot Size 0.4 Acres
Year Built 2016
Property Type Residential Income
Zoning CC
Listing Number CH17106805
Listed 5/15/2017
Modified 2/1/2018
Listing Agent Ryan Vaught
Listing Office Ryno Company
Total Building 4
Total Units 26

Property Features

# Electric Meters
  • 26
# Gas Meters
  • 26
# Units Leased
  • 26
# Water Meters
  • 4
Cap Rate
  • 5.23
Community Features
  • Urban
Cooling
  • Central
Fireplace
  • None
Flooring
  • Vinyl
Garage Spaces
  • 0.00
Gross Income
  • 31510.00
Gross Scheduled Income
  • 378120.00
Heating
  • Central Furnace
Levels
  • Two
Net Operating Income
  • 272210.00
Operating Expense
  • 98348.00
Pool
  • None
Price Pe rUnit
  • 211538
StoriesTotal
  • 2
Total Actual Rent
  • 33810.00
Total Expenses
  • 98348.00
Water Source
  • Public
Utilities
  • Phone Connected
  • Sewer Connected
Interior
  • Ceiling Fan
  • Granite Counters
  • Living Room Balcony
Appliances
  • Dishwasher
  • Garbage Disposal
  • Gas Range
  • Gas Water Heater
  • High Efficiency Water Heater
  • Microwave