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1930 Arcadian Ave
Chico, CA 95926
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Total of eight units with (4) two-bedroom/ one-bathroom; (2) one-bedroom/one-bathroom and (2) studio units.
- Good residential location with Enloe Hospital within walking distance.
- Immediate upside in rents with a good pro-forma cap rate at 6.01%.
Property Facts
| No. Units | 8 | Building Size | 3,987 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 3.01/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | R1 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,987 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 3.01/1,000 SF |
| Zoning | R1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $825.00 | 500 |
| 2+1 | 4 | $1,090 | 644 |
| Studios | 2 | $575.00 | 264 |
Property Taxes
| Parcel Number | 003-613-026-000 | Improvements Assessment | $790,502 |
| Land Assessment | $197,676 | Total Assessment | $988,178 |
Property Taxes
Parcel Number
003-613-026-000
Land Assessment
$197,676
Improvements Assessment
$790,502
Total Assessment
$988,178
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