2590 California Park Drive Chico, CA 95928

$12,750,000 Closed

About the Property

Please Note: This property has been SOLD

Parkview Apartments is an 84-unit multifamily asset consisting of a mix of 1, 2, and 3-bedroom apartments. Amenities include in-unit laundry, private balconies/patios, gypcrete floors to reduce sound transmission, and concrete tile roofs for longevity. On-site amenities include a clubhouse, fitness center, pool and spa. The complex was built with staff in mind and includes both a dedicated leasing office and a maintenance workshop/storage area. Parkview Apartments is located within the private community, California Park, which boasts miles of hiking trails, two private lakes, a dedicated playground, and close proximity to Bidwell Park. Selling Agent is a principal.

Property Information

Size 77,636 SqFt
Price/SqFt $164
Lot Size 4.25 Acres
Year Built 1988
Property Type Residential Income
Listing Number SN20236829
Listed 11/10/2020
Modified 2/27/2021
Listing Agent William Sheridan
Listing Office SFInvest Real Estate
Total Building 10
Total Units 84

Property Features

# Electric Meters
  • 84
# Gas Meters
  • 84
# Units Leased
  • 84
Cooling
  • Central Air
Garage Spaces
  • 0.00
Gross Income
  • 1068051.00
Gross Scheduled Income
  • 1068051.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 622000.00
Operating Expense
  • 438767.00
Price Pe rUnit
  • 160714
Sewer
  • Public Sewer
StoriesTotal
  • 2
Tenant Pays
  • All Utilities
Total Expenses
  • 438767.00
Utilities
  • Cable Connected
Water Source
  • Public
Construction Materials
  • Frame
  • Stucco
Other Structures
  • Storage
  • Workshop
Roofing
  • Concrete
  • Tile
Spa
  • Gunite
  • In Ground
Appliances
  • Dishwasher
  • Electric Range
  • Refrigerator
Pool
  • Community
  • Gunite
  • In Ground
  • Salt Water
Community Features
  • Biking
  • Fishing
  • Hiking
  • Lake
  • Storm Drains
  • Street Lights
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.