FAQs about Apartment Buildings for Sale in Chico
How many Apartment Building listings are available for sale in Chico?
Currently, there are 0 Apartment Building listings for sale near Chico, TX. LoopNet continuously displays updated multi-family building listings, with new properties regularly included.
How much is an Apartment Building for sale in Chico?
The average price per square foot for Chico apartment buildings for sale is about $137.
When available, the price of these buildings in Chico, TX varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
When available, the price of these buildings in Chico, TX varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
What is the average size of Apartment Buildings available for sale in Chico?
The average size of apartment buildings for sale in Chico, TX is approximately 33,747 SF. The largest building available is 48,340 SF and the smallest is 15,000 SF.
What is the average cap rate for Multi-family Properties in Chico?
Cap rates for apartment buildings in Chico, TX typically range between and , with variations influenced by factors including tenant quality, lease terms, and property age. Read more about cap rates and the factors that influence them such as location, property type and market conditions.
Why are Apartment and Multi-family Buildings considered a good investment in Chico?
In general, buying an apartment building can be considered a good investment because they provide rental income from multiple sources which can diversify cash flow opportunities and reduce risk by having income streams from multiple sources.
Depending on the location within the city of Chico, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Chico, TX.
Depending on the location within the city of Chico, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Chico, TX.
