













Property Attributes
- MLS#SN20248352
- TypeIncome
- CountyBUTTE
- CityChico
- Zip95928
- Style
- Price$ 5,650,000
- Bedrooms28
- Full Bathrooms28
- Half Bathrooms0
- Lot Size1.54 Acres
Listing Provided Courtesy Of:
Kelli Smyth with NextHome North Valley Realty.
Data Source:
CRMLS
Property Description
INCREDIBLE RESIDENTIAL INCOME INVESTMENT OPPORTUNITY! The Woodside Terrace Apartments is a 28-Unit apartment complex. There are 7 buildings involved in the sale of 15, 17, 19, and 21 Ricky Court. Full occupancy with fabulous rental history. Owning this complex offers easy maintenance and plenty of room for profit growth. The competitive rental market suggests rents should be nearing $1450 a month! The property is conveniently located near shopping, restaurants, parks, Chico entertainment and easy access to public transportation. Each unit is a spacious 3 bedroom, 1 bath, and features fully equipped kitchens with eating bars, the newer appliances including; refrigerators, microwaves, gas stoves, and garbage disposals. Each unit shares the same layout with lots of cabinet space, central heating and air, private patios off of the living space, washer and dryer hookups, and large closets. Don't miss the opportunity this property offers including condo conversions or student housing. Interior viewings of units will be arranged based on an accepted offer.
Price History | |
---|---|
12/1/2020 | Listed $6,650,000 |
1/19/2021 | 16% - $5,650,000 |
General Features
Appliances | Dishwasher, Gas Oven, Microwave, Refrigerator |
---|---|
Community Features | Curbs, Street Lights, Sidewalks |
Cooling | Central Air |
Exterior Features | Rain Gutters |
Flooring | Carpet, Laminate, Vinyl |
Heating | Central, Natural Gas |
Interior Features | Balcony, Ceiling Fan(s) |
Levels | One, Two |
Parking Features | Assigned, Guest, Paved, One Space |
Pool Features | None |
Property Attached Y/N | Yes |
Property Type | Residential Income |
Roof | Composition |
Rooms | Living Room, Kitchen |
Security Features | Carbon Monoxide Detector(s) |
Sewer | Public Sewer |
Spa Features | None |
Terms | Submit |
Total Actual Rent | 302400 |
Total Units | 28 |
Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
View | Neighborhood |
Water Sewer Expense | 18000 |
Zoning | 00 |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Common Walls | 2+ Common Walls |
Fireplace Features | None |
Heating Y/N | Yes |
Laundry Features | Inside |
Window Features | Double Pane Windows |
Exterior Features
Door Features | Sliding Doors |
---|---|
Lot Features | 26-30 Units/Acre, Paved |
Lot Size Acres | 1.54 |
Lot Size Area | 67082.4 |
Lot Size Source | Owner |
Lot Size Square Feet | 67082 |
Lot Size Units | Square Feet |
Number of Buildings | 7 |
Number of Separate Electric Meters | 28 |
Number of Separate Gas Meters | 28 |
Number of Separate Water Meters | 4 |
Road Surface Type | Paved |
Total Parking | 60 |
View Y/N | Yes |
Water Source | Public |
Room Details
Room | Dimensions | Level | Flooring | Details |
---|---|---|---|---|
Kitchen | ||||
Living Room |
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