Central Valley-Based Private Group Acquires The Victor In Fresno For $30M

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.