929 Nord Avenue Chico, CA 95926

$9,700,000 Pending

About the Property

Superbly located 40-unit garden apartments, a very short walk or ride to CSU Chico, the Safeway Center on Nord, Walgreens, and many shops and restaurants. Refer to the additional documents, complete the NDA, and email or fax and we will get the offering memorandum right out to you.

Property Information

Size 60,988 SqFt
Price/SqFt $159
Lot Size 2.45 Acres
Year Built 1986
Property Type Residential Income
Zoning C1
Listing Number SN19190891
Listed 8/8/2019
Modified 8/29/2019
Listing Agent William Sheridan
Listing Office SFInvest Real Estate
Total Building 10
Total Units 40

Property Features

# Electric Meters
  • 40
# Gas Meters
  • 40
# Units Leased
  • 40
# Water Meters
  • 40
Cooling
  • Central Air
Electric
  • 220 Volts
Exterior
  • Rain Gutters
Garage Spaces
  • 0.00
Gross Income
  • 837673.00
Gross Scheduled Income
  • 837673.00
Interior
  • Balcony
Levels
  • Two
Net Operating Income
  • 481097.00
Operating Expense
  • 356576.00
Parking Total
  • 119.00
Price Pe rUnit
  • 2358312
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Tenant Pays
  • All Utilities
Total Actual Rent
  • 834073.00
Total Expenses
  • 356576.00
Water Source
  • Public
Flooring
  • Carpet
  • Vinyl
Heating
  • Central
  • Heat Pump
Construction Materials
  • Frame
  • Stucco
  • Wood Siding
Utilities
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
Pool
  • Community
  • Gunite
  • In Ground
  • Salt Water
Community Features
  • Curbs
  • Gutters
  • Sidewalks
  • Storm Drains
  • Street Lights
Appliances
  • Built-In Range
  • Dishwasher
  • Disposal
  • Range Hood
  • Refrigerator
  • Water Heater