Exclusive Investment Opportunity in Chico, CA This Recently Constructed multifamily asset presents an opportunity to acquire an 8- unit, 3 story townhome community built in 2014 on the corner of Orange and W 6 Streets in Chicos South Campus neighborhood, walking distance to Chico State. Designed with student housing in mind, all units are spacious 3-bedroom/3-bath townhomes with attached 2-car garages, offering a more upscale product than the typical Chico rental stock. The propertys small unit count and single-building footprint make it a manageable, turnkey hold for an investor looking to enter the Chico student- housing market without taking on a large-scale asset. Property Highlights 8 total units in a 3-story, townhome-style building Unit mix: all 8 units are 3 bed/3 bath (private bath per bedroomAttached 2-car garage per unit + 10 additional parking spaces South Campus Neighborhood - walking distance to CSU Chico and downtown Chico Managed by Hill Properties Granite countertops, vinyl plank flooring, full-size in-unit washer/dryer Individually controlled thermostats per bedroom (room-by-room climate control) plus in-unit A/C Landscaping service included by ownership; tenants historically pay a monthly utility surcharge for water/sewer/trash plus a share of PG & E
Multi-familyProperty Type
2014Year Built
0.65 acresLot Size
$179Price/Sq.Ft.
16 car garageParking
Listed by Steve Belluomini•DRE #01095848• Corcoran Icon Properties
We couldn't find any schools that service this home or are within 5 miles of this home.
Provided by GreatSchools
About South
Campus
South Campus, located between California State University, Chico and Bidwell Park, is a residential and academic Chico neighborhood with tree-lined streets and a bike-forward feel. The neighborhood’s character concentrates along W 1st Street near Warner Street, where coffee counters, casual eateries, and student staples keep sidewalks active. Iconic local pillars include The Bear, Madison Bear Garden, and the Chico Museum. Early-20th-century bungalows and small apartment courts sit beside campus-era infill, with front porches and mature shade trees setting the streetscape. Bike lanes and flat blocks connect quickly to downtown galleries and the park’s trailheads. The pace shifts with the academic calendar, but the setting stays grounded in walkable blocks and green edges.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Flooring
Carpet
Hardwood
Heating & cooling
Central forced-air heating
Multi-zone cooling
Parking
Attached garage
16 garage spaces
Carport
Accessible parking
Construction
Two buildings
Slab foundation
Utilities
Public utilities
Public sewer
Public water
Financial info
Eight units in the community
Seven units leased
Electricity and solar
View estimated energy costs and solar savings for this home