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161-261 Cohasset Ln
Chico, CA 95926

$6,000,000 USD

Apartments For Sale  •  55,686 SF

Property Details

  • Property Type Apartments
  • Total Building Size 33,000 SF
  • Lot Size 2.83 AC
  • Building Class C
  • Year Built 1961
  • Zoning A2
30 Transit Score
60 Walk Score

Highlights

7.47% Pro Forma CAP Rate With Defendable Rent Projections.
20 of 44 Units Renovated With Laminate Plank Flooring, Painted Cabinetry, Bathroom Vanity/Tub-Surrounds and Fixtures Throughout.
Sizable One-Bedroom (±650 SF) and Two-Bedroom Floor Plans (±781SF).
Attractive Basis of $136,364/Unit.
Fantastic Location on a Quiet Street.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Heating
  • Trash Pickup - Curbside
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Spencer Moyer 858-922-4181 ALIVE Commercial Real Estate
Spencer Moyer 858-922-4181 ALIVE Commercial Real Estate