Private Investor Acquires Property At 200 E Cameron Ave Visalia For $16.3 Million

Cameron Crossing is an apartment community located at 200 E Cameron Ave, Visalia, CA, 93277. The property was sold for $16,300,000.00, with the transaction valuing the community at $170,000 per unit. The asset encompasses a total of 96 units on a 4.8-acre site, featuring one-, two-, and three-bedroom floor plans, with an average unit size of 957 square feet. The community includes amenities such as a swimming pool, clubhouse, laundry facilities, and reserved parking, situated in the Visalia market.

Summary of transaction details:

• Property Type: Apartment Community
• Transaction Amount: $16,300,000.00
• Address: 200 E Cameron Ave, Visalia, CA, 93277
• Market: Visalia
• Units: 96
• Square Footage: 0
• Seller's Rep: Mark Bonas - The Mogharebi Group
• Seller's Rep: Alex Mogharebi - The Mogharebi Group
• Seller's Rep: Brendan Kane - The Mogharebi Group
• Buyer: Private Investor

Representing the seller was The Mogharebi Group, with Alex Mogharebi, Otto Ozen, Robin Kane, Mark Bonas, and Brendan Kane actively involved in the transaction. The seller was a Washington-based private investment group, which facilitated this acquisition by a Visalia-based private family.