1227 Esplanade , Chico, CA 95926
William Tell Apartments, a 17 unit courtyard style multifamily community lo...
$3,000,000
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. Itís 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 donít come available very often. Please contact selling agent for financials and offering memorandum.
Additional Information

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Year Built:1964
Size:14518 Sq. Ft.
Lot Size:0.41 Acres
Price:$206.64 per Sq. Ft.
MLS ID:SN22088263
Listing Type:Residential Income
Address
  • Internet Published
  • Income
  • Monthly Gross Income: $231008.00
  • Net Operating Income: $141334.00
  • Pool
  • Pool Type: None
  • Sale Type
  • Sale Type: Standard