The property is being offered at $6,200,000, and will be delivered with no “section 1” termite or rot repairs of any kind being required. The hardscape, landscaping and apartments show little if any deferred maintenance. The prudent buyer should be able to significantly limit the need for CAPEX in the near term. Chico Meadows offers large 2 Bed/1 Bath apartments in lovely South Chico. Upgraded appliances and fixtures, laminate flooring, and abundant storage make these apartments look and feel luxurious. Everything from shopping, restaurants, gym and recreation are right at your door! With the flexibility of a Month-to-Month lease and easy access to your favorite places, Chico Meadows is a great place to live! Each 2-bedroom apartment features two large bedrooms, with a spacious 905 square foot floor plan. Central heat and air provide a comfortable living apartment, and there is plenty of closet space. 75% of the apartments have been extensively renovated to date, and the renovation included new counters, flooring, and appliances. All bedrooms include ceiling fans. Site amenities include a laundry room, ample covered parking, great proximity to shopping, public transit, the 99 freeway and the Skyway to Paradise. This is an ideal location for those commuting locally and to Paradise, Oroville, Durham, and to Butte College.
Size | 37,800 SqFt |
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Price/SqFt | $164 |
Lot Size | 1.56 Acres |
Year Built | 1984 |
Property Type | Residential Income |
Listing Number | SN25156848 |
Listed | 4/30/2025 |
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Modified | 7/12/2025 |
Listing Agent | William Sheridan |
Listing Office | SFInvest Real Estate |
Total Building | 4 |
Total Units | 40 |
Listed by William Sheridan and Nicholas Yorton of SFInvest Real Estate. Listing data last updated 7/12/2025 at 11:32 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/12/2025 3:06 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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