728 W Sacramento Ave - Apartments FOR SALE


Chico, CA 95926- Downtown Chico
$1,195,000 USD
530-519-1044
728 W Sacramento Ave, Chico, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/46
null | 5.55% Cap Rate

728 W Sacramento Ave
Chico, CA 95926
Downtown Chico


HIGHLIGHTS

  • In-unit washers and dryers
  • Proximity to university
  • Granite countertops and dual-pane windows

OVERVIEW

Located just steps from CSU Chico and across from the athletic fields, 728 W Sacramento Avenue is a well-maintained, five-unit multifamily property offering excellent rental appeal and strong cash flow. Each unit features 3–4 bedrooms, modern finishes, in-unit laundry, and energy-efficient upgrades — perfect for students or young professionals. Amenities include on-site parking, bike racks, and a shared backyard with BBQ area. With a strong rental history, consistent occupancy, and unbeatable proximity to downtown, parks, and transit, this turnkey property is a smart addition to any investor’s portfolio. • Total Units: 5 • Unit Configurations: 3 to 4 bedrooms, 2 bathrooms • Total Bedrooms/Bathrooms: 19 beds, 10 baths • Total Living Area: ~5,828 sq ft • Unit Sizes: Ranging from 1,000 to 1,214 sq ft ? • Granite countertops and dual-pane windows • n-unit washers and dryers • On-site parking and bike racks • Common backyard with barbecue area • Cable-ready units • Fully leased through June 2026 • Current rental rates range from $1,695 to $1,795 per month per unit • Gross monthly rental income: $8,575 • Rents will increase by $200/mo (approx) total on lease renewal • Proximity to CSUC makes it highly attractive to students • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

5

PRICE/UNIT

$239,000

CAP RATE

5.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CITY

APN/PARCEL ID

043-180-043-000

ASK ABOUT THIS PROPERTY

Ryan VaughtRyno CompanyMore Info
530-519-1044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ryan VaughtRyno CompanyMore Info
530-519-1044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.