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1212 W Sacramento Ave

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Drive by and check out the WoodGlenn Apartment Complex near Chico State. This property is a fully leased 16- unit investment opportunity that consists of two buildings that have been extremely well maintained. All the apartments are nicely configured 3 bed/2 bath units and each are equipped with their own washer/dryer and private out door space. There is a conveniently located bus stop directly in front of the building that tenants use to get to Chico state and Butte College; in addition there is plenty of off street parking. The tenant base is very happy, and the vacancy factor has been historically very low. Recently, both buildings have been freshly painted on the exterior with all new iron railings on the patios and balconies. One of the buildings has a newer roof and the other building’s roof is currently scheduled to be replaced.
043280019000
Directions: Nord Ave to W Sacramento
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             Address: 1212 W Sacramento Ave Asking Price: $2,900,000
Lot #: Year Built: 1991
City: Chico Total Units: 16
State: California Total Bldg: 2
Zip: 95926 Floors: Two
County: Butte Beds/Baths: 15 / 10
City or County Apx SqFt: 11,568
APN #: 043-280-018-000 Acres:
.986
Assessor
Additional Parcels: Yes Price/Unit: $181,250
Complex/Subdiv Price/Bed: $193,333.33
Builder: Price/SqFt: $250.69
Type: Income Property HOA names:
Status: Active HOA Dues:
Sale Type: Standard HOA Dues 2:
Zoning: Rent Control: No
Senior Commu: No Laundry Equip:
Annual GSI: $214,920 Annual OE: $83,818
Monthly GSI: $214,920 OE: $83,818
GOI: $ Gas: $
NOI: $131,102 Electric: $
Gr Spendable: $ Water/Sewer: $10,443
Garage Income: $ Trash: $2,299
Laundry Income: $ Pool: $
Other Income 1: $ Insurance: $4,762
Other Income 2: $ Licenses: $
Other Inc. Desc: Manager: $11,927
Gross Multiplier: 0 Prof. Mgmt: $11,927
Cap Rate: 0 Maintenance: $
Vacancy Allow: $ Gardener: $
Land Value: $ Workman's Comp: $
Improvements: $ Furniture Rplcmt: $
Personal Prop: $ Pest Control: $
Have: Supplies: $
Gross Equity: $ Cable TV: $
Present Loans: $ New Taxes: $30,000
Ann. Loan Pymt: $ Other Expense: $
Listing Date: 2/2/2018 Original Price: $2,900,000
Today's Date: 2/18/2018 Price Change: $
Days Listed: 16 Current Price: $2,900,000
Our Client's Bonus: $5,800
Great Service and a Bonus
Feel free to ask for more information, showings, or an objective opinion of value for any property. I have decades of experience selling income property here in Chico and my team and I are ready to work for you!

If you ask me to be your realtor, and you eventually purchase this property through me, I'll share $5,800 of my commission from the seller with you. I offer an incentive for buying almost any property you see here on my website with me as your realtor.

As your realtor, I will work with you to help you find the right property, guide you through the entire buying process, and be there for you after the sale. Getting some of my commission to help reduce your closing costs is just a nice bonus. Take a look at our testimonials and then let us go to work to make you that happy!

Susie Stephens
Owner, Broker, Realtor
Chico Real Estate, Inc.
1250 East Ave. Chico, Ca
530-898-1250
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Units Description
Type 1
# Units: 6 Actual Rent: $1,200
# Beds: 3 Total Rent: $1,200
# Baths: 2 Pro Forma: $1,350
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 1
Description:
Type 2
# Units: 6 Actual Rent: $1,080
# Beds: 3 Total Rent: $1,080
# Baths: 2 Pro Forma: $1,350
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 2
Description:
Type 3
# Units: 2 Actual Rent: $1,050
# Beds: 3 Total Rent: $1,050
# Baths: 2 Pro Forma: $1,350
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 3
Description:
Type 4
# Units: 1 Actual Rent: $1,000
# Beds: 3 Total Rent: $1,000
# Baths: 2 Pro Forma: $1,350
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 4
Description:
Type 5
# Units: 1 Actual Rent: $1,130
# Beds: 3 Total Rent: $1,130
# Baths: 2 Pro Forma: $1,350
Furnished: Unfurnished Garage Spaces:
0
Apx SqFt: Type: 5
Description:
Number of Units With Approx Unit Sizes Unit Totals
Separate Electric Meters: 16
Separate Gas Meters: 16
Separate Water Meters: 1
# of Units Leased: 16
Total Actual Rent: $17,910
Utilities and Interior
Utilities/Electric Sewer Water

Interior Heating Cooling
- Central Furnace
- Central
Flooring Rooms Appliances
- Carpet
- Vinyl
- Kitchen
- Living Room
- Electric Stove
- Garbage Disposal
Door Window Accessibility Features
Laundry Fireplace Security
- In Closet
- Inside
- Stackable
- None
Exterior
Construction Foundation Roofing
- Slab
- Composition
Style Exterior Condition
Road Features Attached Structure Other Structures
- City Street
- No
Garage/Parking Common Walls Fencing
- Off Street
- Unassigned

- No Common Walls
Lot Pool Spa
- Lawn
- Near Public Transit
- None
- None
Community Assoc. Amenities View
- Gutters
- Sidewalks
- Neighborhood
Financial
Disclosures Terms Possession
- Submit
- Close Of Escrow
Assessments Tenant Pays Land Lease
- Unknown
Tax Info Price Excludes Price Includes

 
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1212 W Sacramento Ave
is .41 miles from:
California State University, Chico California State University, Chico
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 2/2/2018
Entered in MLS 2/2/2018
17 new photos 0 17 2/2/2018 11:33 AM
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~ Click on any photo below to enlarge or print it ~
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Information provided to the MLS courtesy of Barroso, John (Bre#: 01434090) of Keller Williams Realty Chico A.

Please verify all information before relying on it. There may be a difference between actual and provided information. Based on information from California Regional Multiple Listing Service, Inc. as of February 02, 2018.
1212 W Sacramento Ave, Chico, California, 95926, was last changed by the listing agent and consequently updated here on: February 03, 2018. All Chico income property for sale and MLS data were last updated here on chicorealestate.net on: February 18, 2018 9:31 PM.