ALIVE Commercial Real Estate is proud to exclusively offer The Cottages, a well-maintained 16-unit garden-style community located at 1445 W. 3rd Street in Chico, CA. Situated on 1.22 acres, the property features sixteen spacious two-bedroom, one-bathroom single-story cottages, each approximately 850 square feet. Residents enjoy amenities such as covered carport parking, on-site laundry facilities, and mature landscaping that enhances the property's welcoming, community-oriented atmosphere. Since acquiring the asset in 2022, the current owner has made significant upgrades, fully renovating 14 of the 16 units with modern finishes including laminate plank flooring, updated appliances, fresh paint, new fixtures, and upgraded bathroom vanities. This offering presents an exceptional opportunity to acquire a high-quality, pride-of-ownership property at a price well below current replacement cost, with much of the heavy lifting already completed.