MLS ID:

SN22088263

Address:

1227 Esplanade
Chico, CA 95926

Price:

$3,000,000

Listing Type

For Sale

Pending

Property Description

About this listing

William Tell Apartments, a 17 unit courtyard style multifamily community located in the heart of Chico. The William Tell is located just blocks from one of the largest employers in Chico, Enloe Medical Center. It’s conveniently located within walking distance to downtown Chico as well as Chico State University. William Tell is a courtyard style apartment building. This means residents benefit from the privacy and security of a double entry system. Each unit has a private covered and gated parking space with additional outdoor storage. This apartments offer a mix of unit types including three bedroom units, two bedroom units, on bedrooms, and a remodeled studio apartment. The new owner of William Tell will enjoy significant upside and forced appreciation as rents are currently below market and have much room to rise. Do not delay, properties that this don’t come available very often. Please contact selling agent for financials and offering memorandum.

Listing Price

$3,000,000

Annual Insurance

$8,586

Average Electric

$7,800

Average Gas

$7,800