SOLD
Central Valley-Based Private Group Acquires The Victor In Fresno For $30M
1577 Bulldog Lane
MultiFamily
Sold 60 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The Victor, a 232-unit multifamily community known as The Victor, in Fresno was recently sold by The Mogharebi Group for nearly $30 million, marking the largest transaction in the city in almost two years. The property spans 8.72 acres and is located at 1577 East Bulldog Lane in Fresno.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,000,000
- Units: 232
- Price Per Unit: $129,310
- Address: 1577 East Bulldog Lane
- Market: Fresno
- Asset Type: Multifamily
The buyer of The Victor, a 232-unit multifamily community in Fresno, was a Central Valley-based private investment group. They assumed the property's favorable loan terms. The transaction was facilitated by Brendan Kane & Robin Kane from The Mogharebi Group, showcasing their strong presence in the Central Valley multifamily market.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Brendan Kane & Robin Kane
DATE: 03/04/2024
ADDRESS: 1577 East Bulldog Lane
MARKET: Fresno
ASSET TYPE: Multifamily ~ ACRES: 8.72
BROKERS: Brendan Kane & Robin Kane - The Mogharebi Group
SALE PRICE: $30,000,000
UNITS: 232 ~ PPU: $129,310
NOTE: The Mogharebi Group sold The Victor, a 232-unit multifamily community in Fresno, for nearly $30 million, representing the largest transaction in the city in almost two years. The buyer, a Central Valley-based private investment group, assumed the property's favorable loan terms, showcasing TMG's strong presence in the Central Valley multifamily market.View on map
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Address1577 Bulldog Lane
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