1991 Humboldt Road, Chico, CA 95928

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1991 Humboldt Road,Chico, CA 95928
$8,200,000
  • - Beds
  • - Baths
  • 30,884 sq. ft.
  • Multi-family
  • Active
Listed by: scott hamm
Office: scott hamm realty530-520-6208
MLS#:SN26027768
Source:CRMLS

Price summary

  • Price:$8,200,000
  • Price per sq. ft.:$265.51

About this home

MAJOR PRICE ADJUSTMENT OF OVER $500,000 TO ENHANCE BUYER ROI. Now priced well below replacement cost. Turn-key complex with stabilized occupancy and immediate cash flow with maximum tax benefits. Great opportunity to own a recently constructed apartment complex in southeast Chico. The complex is gated and has a pool and clubhouse. It is conveniently located near transportation arteries and the bike path along Little Chico Creek. The rear of one building and the patios and balconies look over the creek. The complex also has owned solar. The unit sizes are large: 1/1 units @t 816 to 850 SF; 2/2.5 units @ 1,050 SF; and 3/2.5 @ 1,451 SF. This investment grade property would work well for and 1031 exchange investor or one wanting to build wealth through apartment ownership. Pro forma income and expense information shown. Call or email for more information or for access.

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Home facts

  • Year built:2023
  • Listing ID #:SN26027768
  • Added:96 day(s) ago
  • Updated:May 14, 2026 at 10:41 AM

Rooms and interior

  • Living area:30,884 sq. ft.

Heating and cooling

  • Heating:Solar

Structure and exterior

  • Year built:2023
  • Building area:30,884 sq. ft.
  • Lot area:1.4 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$8,200,000
  • Price per sq. ft.:$265.51

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Pool features:Community, Fenced, In Ground

Parking

  • Total parking spaces:62
  • Parking description:Asphalt, Assigned, Controlled Entrance
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