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Listing 14 out of 329
$9,433,275 Active Under Contract

929 Nord Avenue
Chico, CA 95926

40 units | Multi Family Home
2.45 acres - MLS# SN19190891
Property Photo
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Description

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.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 95926
  • Year Built: 1986
  • Stories: Two
  • Units: 40 units
  • # of Parking Spaces: 119.00
  • Lot Size: 2.45 acres
  • Pool or Spa: Community,Gunite,In Ground,Salt Water
  • Zoning: C1
  • Appliances: Built-In Range, Dishwasher, Disposal, Range Hood, Refrigerator, Water Heater
  • Appliances YN: Yes
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 60988.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Construction Materials: Frame, Stucco, Wood Siding
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: Nord Avenue between West Sacramento and Stewart
  • Electric: 220 Volts
  • Electric Expense: 9668.00
  • Exterior Features: Rain Gutters
  • Flooring: Carpet, Vinyl
  • Gross Income: 837673.00
  • Gross Scheduled Income: 837673.00
  • Heating: Central, Heat Pump
  • Heating YN: Yes
  • Inclusions: washers and dryers in every apartment.
  • Insurance Expense: 14343.00
  • Interior Features: Balcony
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 00864265
  • Listing Office License: 01913375
  • Lot Features: 26-30 Units/Acre, Lot Over 40000 Sqft
  • Lot Size Area: 106722.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 481097.00
  • New Taxes Expense: 107187.00
  • Number Of Buildings: 10
  • Number Of Separate Electric Meters: 40
  • Number Of Separate Gas Meters: 40
  • Number Of Separate Water Meters: 40
  • Number Of Units Leased: 40
  • Number With Carpet: 40
  • Number With Dishwasher: 40
  • Number With Disposal: 40
  • Number With Patio: 40
  • Number With Range: 40
  • Number With Refrigerator: 40
  • Operating Expense: 356576.00
  • Property Attached YN: Yes
  • Rent Control YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition
  • Room Type: Exercise Room
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 834073.00
  • Total Expenses: 356576.00
  • Trash Expense: 20800.00
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Sewer Expense: 4292.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Sfinvest Real Estate, William Sheridan


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Vickie Miller
Chico, CA 95926
530-864-1199
vickiemiller81@yahoo.com
Cal BRE# 01204533
Cal BRE# 01996441

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