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.
Size | 14,900 SqFt |
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Price/SqFt | $181 |
Lot Size | 0.75 Acres |
Year Built | 1980 |
Property Type | Residential Income |
Zoning | R4 |
Listing Number | SN24132093 |
Listed | 6/26/2024 |
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Modified | 9/11/2024 |
Listing Agent | Spencer Moyer |
Listing Office | Alive Commercial Real Estate |
Total Building | 2 |
Total Units | 20 |
Listed by Spencer Moyer of Alive Commercial Real Estate. Listing data last updated 10/6/2024 at 1:51 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/11/2024 1:42 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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