1502 N Cherry St, Chico, CA 95926

This 8 unit complex is in a great location within close proximity to Chico State University, Enloe Hospital and downtown Chico. The excellent location provides for a very broad tenant base and translates to an extremely solid rental history. Low maintenance stucco exterior, onsite laundry facility and abundant off-street parking add to the appeal as well. Property is under professional management, is fully occupied and ready for an easy transition to new owner... **Long term tenants reside in a number of the units and currently have lower than market rents as a result. There is significant upside on rents for future owner.