Chico, CA 95926,931 W. East Avenue
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Chico, CA 95926,931 W. East Avenue
Chico, CA 95926,931 W. East Avenue
Chico, CA 95926,931 W. East Avenue
Chico, CA 95926,931 W. East Avenue
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Listed by Spencer Moyer • Alive Commercial Real Estate
$ 2,695,000
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Pending

931 W. East Avenue Chico, CA 95926

14,900 SqFt


UPDATED:

09/12/2024 04:23 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 14,900 sqft

Price per Sqft $180

MLS Listing ID CRSN24132093

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1980

Lot Size 0.750 Acres

Property Description

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.

Location

State CA

County Butte

Interior

Fireplace No

Laundry Other

Building

Water Public


Bay East AOR and Contra Costa AOR

Silvano Barocio

Team Lead | License ID: 02066373

+1(925) 255-3760

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931 W. East Avenue