SOLD
The Mogharebi Group Facilitates $4.6 Million Sale Of College Apartments In Fresno, CA
4550-4596 East Sierra Madre Avenue
MultiFamily
Sold 143 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The Mogharebi Group (TMG) facilitated the sale of College Apartments, a 40-unit multifamily property located at 4550-4596 East Sierra Madre Avenue in Fresno, CA. The property was sold for $4,600,000, with a price per unit of $115,000. The transaction took place on 12/12/2023.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,600,000
- Units: 40
- Price Per Unit: $115,000
- Address: 4550-4596 East Sierra Madre Avenue, Fresno, CA
- Market: Fresno
The sale of College Apartments in Fresno, CA was part of a complex six-property reverse 1031 exchange. TMG's Robin Kane and Brendan Kane, representing the Central Valley investor, assisted in selling smaller assets and acquiring two larger Fresno communities. These separate transactions involved a total of 137 units and approximately $20 million.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Brendan Kane & Robin Kane
DATE: 12/12/2023
ADDRESS: 4550-4596 East Sierra Madre Avenue
MARKET: Fresno
ASSET TYPE: Multifamily
BROKERS: Brendan Kane & Robin Kane - The Mogharebi Group
SALE PRICE: $4,600,000
UNITS: 40 ~ PPU: $115,000
NOTE: The Mogharebi Group (TMG) facilitated the $4.6 million sale of College Apartments, a 40-unit property in Fresno, CA, concluding a complex six-property reverse 1031 exchange. TMG's Robin Kane and Brendan Kane assisted the Central Valley investor in selling smaller assets and acquiring two larger Fresno communities, totaling 137 units and approximately $20 million in separate transactions.View on map
Loading...
Address4550-4596 East Sierra Madre Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want