This offering is part of a portfolio sale with 595 E. Lassen Avenue, Chico, CA "Lassen View Apartments". 38 Units, 1989 Year Built, $4,950,000. Properties can be purchase together or separately. Tour Schedule: Eastwood Court on April 29th, April 30th, May 7th from 10:00am – 12:45pm. Lassen View on April 29th, April 30th, May 7th from 1:00pm– 3:45pm. *Please contact Spencer Moyer to book your 30 minute window* ALIVE Commercial Real Estate is pleased to exclusively present Eastwood Court Apartments, a beautifully maintained, 100-unit garden style community located at 2770 E. Eaton Road in Chico, CA. Sprawling over 7.13 acres, the property is comprised of (64) one-bedroom one-bathroom cottages with vaulted ceilings and (36) two-bedroom one-bathroom floor plans equipped with full size washers and dryers, ideal for a new owner given the high desirability of one and two-bedroom rentals in Chico, CA. Furthermore, common area amenities including a sparkling swimming pool, leasing office, fitness center, clubhouse, on site laundry facility and serene landscaping, creating a warm and inviting community feel. Eastwood court is being offered for sale for the first time since the original owner developed the property in 1991, and although they have been fantastic stewards over the last 34 years, the current rents are well below market. Properties with similar vintage and interior finishes have achieved upwards of $1,200 for their one bedrooms and $1,600 for their two-bedrooms, paving a clear path towards organic rent growth and stabilized market rents upon unit turnover.