Portland Place Apartments presents an exceptional opportunity to acquire a recently constructed multifamily asset in one of Chico’s most established student-housing locations. Built in 2014, the property consists of eight spacious three-story townhome-style units prominently located at the corner of Orange and West 6th Streets in Chico’s South Campus neighborhood, within walking distance of Chico State. Designed specifically with student housing in mind, Portland Place features an attractive and highly functional unit mix consisting entirely of large three-bedroom, three-bathroom residences, each with an attached two-car garage. The modern construction, generous floor plans, private garages, and one-bedroom-to-one-bathroom configuration provide a more desirable and upscale living environment than much of Chico’s traditional student-oriented rental inventory. With only eight units and a streamlined single-property footprint, Portland Place offers investors the opportunity to purchase a newer-construction apartment building that is both manageable and turnkey. The property is particularly well suited for an investor seeking exposure to the Chico student-housing market while avoiding the operational complexity and capital requirements associated with a larger multifamily asset.