543 W 6th Street

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543 W 6th Street

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 is situated within the 95928 zip code area.
  • The building consists of one single residential unit.
  • Positioned near central downtown and local university transit.
  • Suitable investment opportunity for small-scale residential portfolio growth.

What's Special

Chico serves as a primary educational and economic hub for the North State region of California, anchored by California State University, Chico. This multifamily apartment building sits at 543 W 6th Street in the 95928 zip code, a central location providing residents access to the vibrant downtown area and local transit corridors. The property features a single unit, offering a straightforward residential investment within this growing market. Investors looking for manageable residential assets will find this apartment building fits well within a long-term portfolio focused on housing demand. Its proximity to the university district and established local infrastructure supports stable rental demand for students and long-term residents alike. The asset represents a functional addition to the local residential landscape in a city known for its historic charm and consistent population growth.

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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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