893-895 Netters

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893-895 Netters

Chico, CA 95973
Asking Price
$535K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset featuring two individual apartment units
  • Priced competitively at an asking price of $535,000
  • Located in the city of Chico, California
  • Property situated within the 95973 zip code area
  • Asset type provides versatile residential rental investment potential

What's Special

Priced at $535,000, this multifamily apartment building at 893-895 Netters represents a straightforward investment in Chico, California. The property consists of two distinct units, providing a manageable configuration for investors seeking a smaller footprint in a regional hub. Chico serves as a primary educational and economic center for the North Sacramento Valley, supported by a consistent population base and proximity to California State University, Chico. This asset type is suitable for buyers interested in maintaining a residential rental portfolio within this growing suburban market. The location offers accessibility to local transportation corridors and essential neighborhood services, supporting stable long-term demand for housing. Whether managed as a turnkey rental or integrated into a larger investment strategy, the asset provides a functional building block for those looking to expand their presence in the local multifamily sector.

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NOI
$80,000
Cap Rate
14.95%
DSCR
2.52
Strong
Cash-on-Cash
30.05%
Monthly Payment
$2,646.888
Annual Cash Flow
$48,237.343

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