Investment Overview
618 Rancheria Drive, Chico, CA, is a four-unit multifamily investment opportunity featuring a highly sought-after unit mix in one of Northern California’s established university markets. The property includes four spacious two-bedroom, one-bathroom units, each comprising approximately ±765 square feet for a combined building size of approximately ±3,060 square feet. The efficient layout and consistent demand for two-bedroom housing support long-term occupancy and stable income potential. The property’s proximity to major educational institutions and neighborhood amenities positions it well for both student and conventional rental demand.
Investment Highlights
- Four-unit income property near CSU Chico in Chico, CA.
- Four spacious two-bedroom, one-bathroom units with strong rental appeal.
- Well-maintained four-unit asset offering stable in-place income potential.
- Established university market with consistent demand and strong occupancy fundamentals.