








Property Attributes
- MLS#SN19281667
- TypeLand
- CountyBUTTE
- CityChico
- Zip95928
- Style
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.64 Acres
Listing Provided Courtesy Of:
Jim Aguilar with Century 21 Select Real Estate, Inc..
Data Source:
CRMLS
Property Description
53 units. Plans have been submitted for plan check and permits will be ready in sixty days or less. Seller has already spent $2,540,529.00 on plans, land and fees. Approximately 103,000 sqft. The property features 128 bedrooms total with 2,3 & 4 bedroom units. It is situated in the highly desirable South Campus neighborhood within a very short walk to the university and downtown. Low vacancy has resulted in rising rents making the South Campus neighborhood the most attractive rental market in the Chico area. There are a lot of options here for this shovel ready project. You can buy this and build it out with your own contractor. Have the seller build it out and buy it as a finished project. There are a lot of options here and the one thing they all have in common is that the potential for a nice profit is available no matter which way you go
Price History | |
---|---|
12/20/2019 | Listed $3,399,000 |
General Features
Community Features | Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban |
---|---|
Property Type | Land |
Sewer | Public Sewer |
Terms | Cash, 1031 Exchange, Submit |
Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
View | Neighborhood |
Zoning | RMU COS |
Exterior Features
Fencing | Good Condition |
---|---|
Lot Features | Level, Rectangular Lot, Street Level |
Lot Size Acres | 0.64 |
Lot Size Area | 27878 |
Lot Size Source | Assessor |
Lot Size Square Feet | 27878 |
Lot Size Units | Square Feet |
Road Frontage Type | City Street |
Road Surface Type | Maintained, Paved |
View Y/N | Yes |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool