Northmarq’s Fresno office assists in the acquisition of 47-unit multifamily community for $8.15M

Chateau San Jose Apts
Investment Sales - Multifamily
Multifamily
Sale
multifamily community

FRESNO, Calif. — Robin Kane and Brendan Kane of  Northmarq’s Fresno-based Multifamily Investment Sales team assisted a family office in purchasing Chateau San Jose Apartments, a 47-unit multifamily community in Northwest Fresno for $8.15 million.

Northmarq represented the buyer, a California family office. The seller was a Fresno-based private investor represented by Brett Fugman with Fortune Associates.

“Our client was looking for a value-add opportunity in a strong location with a solid unit mix. Chateau checked all the boxes” said Robin Kane.

Located at 140 W. San Jose Avenue, Chateau San Jose Apartments was built in 1986 and offers a compelling value-add opportunity. The property features a favorable unit mix in a strong submarket with access to major employers, retail corridors and top-rated schools — key fundamentals driving investor interest in Fresno's multifamily sector.

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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
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