Updated Jul 20, 2026
Maroa Park Multifamily Property Sold For $44 Million With Broker Team Brian Nakamura Otto Ozen Nazli Santana
475 West Sierra Avenue
$44,000,000
$203/SF
Building Size
216,088 SF
Asset Type
MultiFamily
Closing
Jul 15, 2026
About this deal
AI
A multifamily asset located at 475 West Sierra Avenue in Maroa Park, Fresno, has been sold for $44,000,000. The property features 248 units across a total square footage of 216,088, resulting in a price per unit of $177,419 and a price per square foot of $203.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $44,000,000
- Units: 248
- Square Footage: 216,088
- Price Per Unit: $177,419
- Price Per Square Foot: $203
- Address: 475 West Sierra Avenue - Maroa Park
- Market: Fresno
- Brokers: Brian Nakamura, Otto Ozen & Nazli Santana - The Mogharebi Group
The sales transaction involved brokers Brian Nakamura, Otto Ozen, and Nazli Santana from The Mogharebi Group, who facilitated the deal for the multifamily property located in Fresno, CA.
Players
Fresno MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93