Silver Lake Apartments in southeast Fresno has been sold for $16.9 million.
The gated community with 252 apartments was built in 1985 on a little more than 17 acres of land south of the airport. The two and three-bedroom units have large kitchens and enclosed patios. The property has two pools, hot tubs, a fitness center and playground.
Robin C. Kane, Gordon Larkin and Vince Norris of Berkadia Real Estate Advisors represented the buyer and seller both from the Los Angeles area.