A Southern California investor has purchased two Fresno apartment complexes for $11.7 million, Berkadia Real Estate Advisors, Fresno announced Monday.
Sycamore Heights is a 132-unit development with one- and two-bedroom apartments built in 1974 just west of Fresno Yosemite International Airport. Amenities include a pool, big dog park, playground and community barbecue and grilling areas.
Sequoia Ridge is an 80-unit complex with two-bedroom apartments, spacious courtyards and a pool built in 1971. It is located north of the Orchard Supply Hardware shopping center at Kings Canyon Road and Clovis Avenue.