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931 W. East Avenue
USD 2,795,000
Property ID: SN24132093
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931 W. East Avenue ,95926
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icon 32670 SqFt
icon Built in 1980
icon USD 86/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
14900
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1980
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Detailed Introduction Of This Home
*Seller Financing Available* Compass Point Apartments is a well-maintained 20-unit multifamily property located in the charming town of Chico, CA. This complex comprises sixteen one-bedroom, one-bathroom units, and four two-bedroom, one-bathroom units, with spacious layouts of 725 and 825 square feet, respectively. Tenants at Compass Point enjoy a "homey" atmosphere within this low-density, colonial-style community. The current owner has invested hundreds of thousands of dollars over the past 20 years, resulting in a 'pride of ownership' property with many interior/exterior upgrades throughout. Most notably, the Seller is willing to carry back a new first loan and deed of trust with 40% - 50% down at 5.25% interest only for 3-5 years, eliminating the high-rate environment objection. This offers the next investor the opportunity to bring rents to market rates and achieve a healthy cash-on-cash return.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (25)
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931 W. East Avenue
USD 2,795,000 0 Beds
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