$8,200,000
1991 Humboldt RD
Chico, CA, 95928
Property Description
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.
Property Details
Price:
$8,200,000
MLS #:
SN26027768
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Listed Date:
Feb 6, 2026
Total Sq Ft:
30,884
Lot Size:
60,984 sqft / 1.40 acres (approx)
Year Built:
2023
Schools
Interior
Heating
SO
Laundry Features
ICL, DINC, WINC
Levels
U
Exterior
Common Walls
_1CW
Community Features
BIKI, DGP
Parking Spots
62
Parking Total
62
Financial
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Courtesy of Scott Hamm Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1991 Humboldt RD
Chico, CA

