480 Manzanita Avenue
Chico, CA 95926
* SOLD *

16- 2 Bedroom, 1 bath Apartment Community

Price: $1,625,000


You will not find a more solid multi-unit property in Chico at this time! This superb professionally managed apartment community consists of 16 spacious two bedroom, one bath units. Excellent location in north Chico near shopping, restaurants, and several schools. Long term owner. Excellent investment opportunity as units are always in demand.


AP#: 015-320-094

Year Built: 1991

Building(s) Sq. Ft.: 13,920

Lot Sq. Ft.: 28,314

Ann. Gross Schd. Income: $140,000


Sewer:  Yes

Heating:  Central

Cooling:  Central

Gas & Electric: PG&E

Laundry:  Stacked units in each apartment

Roofing:  Comp. Replaced in 2012

Yard:  Common

Parking: Off street 33 spaces