Seller's Agent in 2022
Brent Silberbauer
eXp Realty of California, Inc.
7 in this area
94 Total Sales
1227 Esplanade Chico, CA 95926
Chico Vecino Neighborhood
6
Beds
6
Baths
14,518
Sq Ft
0.41
Acres
Highlights
- Gated Parking
- Gated Community
- Courtyard Views
- Chico Junior High School Rated A-
- 0.41 Acre Lot
- Laundry Room
About This Home
As of October 2022William Tell Apartments, a 17 unit courtyard style multifamily community located in the heart of Chico. The William Tell is located just blocks from one of the largest employers in Chico, Enloe Medical Center. It’s conveniently located within walking distance to downtown Chico as well as Chico State University. William Tell is a courtyard style apartment building. This means residents benefit from the privacy and security of a double entry system. Each unit has a private covered and gated parking space with additional outdoor storage. This apartments offer a mix of unit types including three bedroom units, two bedroom units, on bedrooms, and a remodeled studio apartment. The new owner of William Tell will enjoy significant upside and forced appreciation as rents are currently below market and have much room to rise. Do not delay, properties that this don’t come available very often. Please contact selling agent for financials and offering memorandum.
Last Listed By
eXp Realty of California, Inc. License #02019819 Listed on: 04/29/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.41 Acre Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
- Turnkey
Interior Spaces
- 14,518 Sq Ft Home
- 2-Story Property
- Courtyard Views
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 17 Car Garage
- 17 Carport Spaces
- Parking Storage or Cabinetry
- Parking Available
- Gated Parking
- Parking Lot
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 3 / 69
- Assessor Parcel Number 003064005000
Community Details
Building Details
- 17 Leased Units
- Rent Control
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- Electric Expense $7,800
- Gardener Expense $2,280
- Insurance Expense $8,586
- Maintenance Expense $6,500
- Other Expense $34,946
- Pest Control $1,140
- Professional Management Expense $14,015
- Trash Expense $2,280
- Water Sewer Expense $8,400
- Operating Expense $89,674
- Gross Income $231,008
- Net Operating Income $141,334
Additional Features
- 17 Units
- Laundry Facilities
- Gated Community
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2022 10/20/22 | Sold | $2,950,000 | -1.7% | $203 / Sq Ft |
| 10/19/2022 10/19/22 | Price Changed | $3,000,000 | 0.0% | $207 / Sq Ft |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | Price Changed | $3,000,000 | -6.3% | $207 / Sq Ft |
| 07/09/2022 07/09/22 | For Sale | $3,200,000 | 0.0% | $220 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 04/29/2022 04/29/22 | For Sale | $3,200,000 | -- | $220 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Brent Silberbauer
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,516 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN22088263
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