Two-Story Apartment
1120 Esplanade Chico, CA 95926
1120 Esplanade, Chico, CA, 95926
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For Sale
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24-unit, two-story apartment complex with a central courtyard and swimming pool, positioned for residential income ownership.
Days on Market18
Property Features for 1120 Esplanade
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency
Coldwell Banker C & C Properties
(530) 896-3166
Listed by
BRIAN LITTRELL · License #01350075
Source
Crexi
Added: Jun 30 Checked: Jul 16 at 10:56 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker C & C Properties
Investment Insights
Based on property information with market context.
This is a two-story, 24-unit apartment complex arranged around a central courtyard. The property includes a swimming pool, wrap-around balconies, and established landscaping throughout the courtyard area, creating a cohesive common-space layout for residents.
The asset is described as centrally located in Chico, within walking distance of Chico State University, Downtown, and Chico High School. The property is also noted to be close to public transportation and to have easy freeway access.
For buyers seeking a stabilized multifamily income property, this 24-unit apartment complex offers a long-held opportunity, with the current offering presented as having a strong rental history and a balanced tenant mix. It is well-suited to investors or operators looking to own a modestly scaled residential income building with shared amenities and a courtyard-centered configuration.
The asset is described as centrally located in Chico, within walking distance of Chico State University, Downtown, and Chico High School. The property is also noted to be close to public transportation and to have easy freeway access.
For buyers seeking a stabilized multifamily income property, this 24-unit apartment complex offers a long-held opportunity, with the current offering presented as having a strong rental history and a balanced tenant mix. It is well-suited to investors or operators looking to own a modestly scaled residential income building with shared amenities and a courtyard-centered configuration.
Key Highlights
- 24‑unit, two‑story apartment complex
- Central courtyard with swimming pool
- Wrap‑around balconies and mature landscaping
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Royal Arms Apartments
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FAQs
What type of property is this?
Apartment building - 24-unit, two-story apartment complex with a central courtyard and swimming pool, positioned for residential income ownership.
Where is this apartment building located?
The property is located at 1120 Esplanade Chico, CA.
What is the asking price?
The asking price for this property is $2,760,000.
What are key features of this property?
This property features: 24‑unit, two‑story apartment complex; Central courtyard with swimming pool; Wrap‑around balconies and mature landscaping