Pillsbury Square is a newly repositioned 18 unit multifamily community located within walking distance to major food and beverage and entertainment centers. Pillsbury Square o?ers a turnkey investment opportunity with major repairs and remodels done since 2016. Stable rent roll in a low vacancy market with room for rents to grow before competing with newer construction. Excellent physical condition. “Pride of Ownership” asset with recent upgrades to building systems and cosmetic upgrades. Upgrades include, new roof, new exterior paint, new water heaters, new balconies and decks, some new HVAC units, new windows and sliders, new asphalt repair and striping, new signage, and over $80,000 in new interior remodel work ?nished since 2016. Strategic location with high barriers to entry for new construction. Short distance to entertainment, food and beverage, grocery, and retail shopping. Short 5 minute commute to major local employers in the Chico Airport Industrial Park.
|Lot Size||0.81 Acres|
|Property Type||Residential Income|
|Listing Agent||Philip Larios|
|Listing Office||Hignell Inc.|
Listed by Philip Larios of Hignell Inc.. Listing data last updated 7/14/2020 at 2:16 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/30/2019 2:20 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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