Northmarq’s Multifamily Investment Sales team leads $5.715M sale of Millbrook Pines Apartments in Fresno, CA

Millbrook Pines Apts
Investment Sales - Multifamily
Multifamily
Sale
Garden Apartments
48-unit multifamily property

FRESNO, Calif. — Northmarq’s Fresno Multifamily Investment Sales team led by Robin Kane and Brendan Kane successfully completed the $5.715 million sale of Millbrook Pines Apartments, a 48-unit multifamily community located at 3765-3785 Millbrook Ave in Fresno, California.

Northmarq represented the seller, Millbrook Pines Apt Fresno LLC. The buyer was a Southern California-based private capital buyer.

“Millbrook pines presented a unique opportunity to acquire an asset held long term by a family office, well maintained with lots of runway on rent growth through re-positioning”, said Robin Kane.

Built in 1968, Millbrook Pines Apartments feature air conditioning and heating, a pool, and a gated community. It is located about five miles from downtown Fresno and has nearby access to restaurants, shopping, arts and entertainment. It has nearby access to California State Routes 41 and 168 and 180.

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About Northmarq 
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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