840 6Th St Chico, CA 95928
- Apartment buildings
- 10,772 SF
Current Use by Public Records
- Apartment buildings
Property Details for 840 6Th St
- Year built
- 2014
- Property size
- 10,772 SF
- Property type
- Apartment buildings
Description
This exceptional 2014-built apartment building, Portland Place, presents a unique investment opportunity. Located at 840 W 6th St, Chico, CA 95928, this property boasts eight spacious three-bedroom, three-bathroom units, each approximately 1,346 square feet. Each unit features a full-size washer and dryer, attached garage, and private balcony, along with climate-controlled heating and air conditioning. The meticulously designed units are part of a complex that won the AEP Span "2015 Project of the Year" award for its design, color, and contribution to the university community. The property's prime location is just two blocks from Chico State University and within walking distance of downtown Chico. The building's modern construction and high-quality finishes offer a strong return on investment. The property is exempt from AB 1482 rent control until 2029. With a total square footage of 10,772, this multifamily property is offered at $2,525,000. This is a rare chance to acquire a truly exceptional, high-demand asset in a thriving California market.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Chico
- State
- California
- Longitude
- -121.845
- Latitude
- 39.7229