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721 W 11th St
Chico, CA 95928

$16,750,000 USD

Apartments For Sale  •  68,376 SF

Property Details

  • Property Type Apartments
  • Total Building Size 68,376 SF
  • Lot Size 3.96 AC
  • Building Class B
  • Year Built 1988
  • Zoning R3 L100
0 Transit Score
67 Walk Score

Highlights

All 2026/2027 School Year Leases Have Been Signed by December, a Recurring 20 Year Trend of Being Fully Leased by Winter of the Subsequent School Year
Day One 7.13% CAP Rate
All 2026/2027 School Year Leases Signed at $3,300/Month
Attractive Going-In Yield Supported by a Long-Standing History of Year-Over- Year Rent Growt
Gated, Low-Density Community Situated on 3 Acres, Offering a Serene Setting Complemented by Best-in-Class Amenities.
True Pride of Ownership Asset Featuring Significant Capital Reinvestment by Current Ownership.

Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fitness Center
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Video Patrol
  • Heating
  • Basketball Court
  • Grill
  • Volleyball Court
  • Ceiling Fans
  • Tile Floors
  • Hardwood Floors
  • Refrigerator
  • Range

Public Transportation

Commuter RailDriveWalkDistance
3 min 15 min 0.7 mi
Spencer Moyer 858-922-4181 ALIVE Commercial Real Estate
Spencer Moyer 858-922-4181 ALIVE Commercial Real Estate