1166 E 10th

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1166 E 10th

Chico, CA 95928
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Chico, California.
  • Property consists of three individual residential units.
  • Positioned within the 95928 zip code region.
  • Located in a significant regional California education hub.
  • Asset provides housing in a steady market environment.

What's Special

Chico serves as a regional economic and educational hub for Northern California, anchored by California State University and a diverse local business base. This multifamily apartment building is situated at 1166 E 10th and features 3 units. The property presents a stable investment profile for those seeking residential income in a market characterized by consistent housing demand from both students and long-term residents. Given the density and accessibility of this location, the asset functions well as an addition to a residential portfolio or for an investor focused on the Chico submarket. The layout supports efficient management and provides necessary housing supply within the immediate neighborhood. Its strategic positioning allows for convenient access to local transit routes and the core services that define the city of Chico.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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