Lots & Land Other

$5,000,000
CENTURY 21 Select Real Estate, Inc.
Listed on August 30, 2020

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 h…
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

Building Info

Property type
Land

Location

344 W 8th Street, Chico, CA 95928, Chico, California, United States

Contact Agent

Jim Aguilar
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Listed by

Registered on JamesEdition
2015
Address
1101 El Monte, Chico, CA, United States
Phone Number
Listing Reference
B0D5B411-24C8-421A-B9B8-0168EB45D691

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