1033 W 5th St | Chico, CA 95928
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- LoopNet Team
1033 W 5th St
Chico, CA 95928
Price Reduced | The Urban · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Modern 2018-Construction Located Within Walking Distance of California State University, Chico
- Offered at $219.33/SF, Well Below Replacement Cost
- Large 3x3 Floor Plans Equipped With Washer/Dryer, Quartz Countertops, Stainless Steel Appliances, Individual Room Heating/Cooling and LVP Flooring
- Attractive Going-In 6.07% CAP Rate
- Highly Amenitized Property, Including: Roof Top Decks, Pool, Covered Parking, Free Wi-Fi, BBQ/Outdoor Lounge and Study Lounge/Arcade
PROPERTY FACTS
| No. Units | 36 | Lot Size | 0.80 AC |
| Property Type | Multifamily | Building Size | 44,480 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | A | Year Built | 2018 |
| Zoning | CC | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.80 AC |
| Building Size | 44,480 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 2018 |
| Zoning | CC |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Island Kitchen
SITE AMENITIES
- Pool
- Furnished Units Available
- Maid Service
- Lounge
- Key Fob Entry
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 36 | - | 1,350 - 1,400 |
PROPERTY TAXES
| Parcel Number | 004-202-019-000 | Improvements Assessment | $8,473,899 |
| Land Assessment | $1,336,784 | Total Assessment | $9,810,683 |
PROPERTY TAXES
Parcel Number
004-202-019-000
Land Assessment
$1,336,784
Improvements Assessment
$8,473,899
Total Assessment
$9,810,683
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