Pillsbury Square is a newly repositioned 18 unit multifamily community located within walking distance to major food and beverage and entertainment centers. Pillsbury Square o?ers a turnkey investment opportunity with major repairs and remodels done since 2016.
Stable rent roll in a low vacancy market with room for rents to grow before competing with newer construction.
Excellent physical condition. “Pride of Ownership” asset with recent upgrades to building systems and cosmetic upgrades.
Upgrades include, new roof, new exterior paint, new water heaters, new balconies and decks, some new HVAC units, new windows and sliders, new asphalt repair and striping, new signage, and over $80,000 in new interior remodel work ?nished since 2016.
Strategic location with high barriers to entry for new construction.
Short distance to entertainment, food and beverage, grocery, and retail shopping.
Short 5 minute commute to major local employers in the Chico Airport Industrial Park.
Additional Features
- Stucco
- Wood
- Central
- Corner Lot
- Landscaped
- Rectangular Lot
- Two
- Parking spaces: 0.00
- Listing Status: Closed
- Listing Agent: Philip Larios
(lic# 01766783)
of Sierra North Valley
- Listing Office: Hignell Inc.
(lic# 00317250)
- Selling Agent: Terry Cheney
(lic# 01258906)
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Based on information from CRISNet MLS as of 2nd May 2024 at 9:15pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
