2568 Esplanade
2568 Esplanade
$465,000
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Closed 8/24/22
Description
6 unit apartment consisting of five (5) studios and one (1) three bedroom unit. Three of the six units have been renovated in the last two years. Owner just leased new laundry machines with WASH. In-place rents produce a 6.5% cap rate while leaving a new owner the remaining units to renovate and lease to produce a 7.3% cap rate. This is a former motel converted to apartments. Contact Marc Guillon for more information.6 unit apartment consisting of five (5) studios and one (1) three bedroom unit. Three of the six units have been renovated in the last two years. Owner just leased new laundry machines with WASH. In-place rents produce a 6.5% cap rate while leaving a new owner the remaining units to renovate and lease to produce a 7.3% cap rate. This is a former motel converted to apartments. Contact Marc Guillon for more information.
- Listed by Marc Guillon • DRE #01839798 • Gravitas Commercial Real Estate
Property Details for 2568 Esplanade
Parking Features
Other-Rmks
ZoningMF
Location
LISTING UPDATED: 08/23/2022 08:53 PM
Property Details for 2568 Esplanade
Status | Closed |
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MLS # | 222095277 |
Days on Compass | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1950 |
Lot Size | 0.16 AC / 6,969 SF |
County | Butte County |
Location
Building Information for 2568 Esplanade
Stories1Residences6Year Built1950Building Size-Lot Size0.16 AC / 6,969 SF
Payment Calculator
$2,973 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2568 Esplanade
Property History for 2568 Esplanade
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2568 Esplanade
Taxable ValueLand$190,000Additions$275,000Total$465,000
Tax Record2023$5,219 ($435 / month)
Home Facts
Baths4Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories1Lot Size6,969 SqFtStyleMulti-Family Res (5+ Units)Year Built1950Year Renovated1960ZoningCCCountyBUTTEAPN006-060-057-000
Schools near 2568 Esplanade
This home is within Chico Unified School District.
Rating | School | Type | Grades | Distance |
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Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
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Mcmanus (John A.) Elementary School PublicK to 5 | ||
Bidwell Junior High School Public6 to 8 | ||
Pleasant Valley High School Public9 to 12 | ||
Oakdale School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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