Real Estate Blog

Cedar Creek Apartments in southeast Fresno sold for $6.15 million

Cedar Creek Apartments, in southeast Fresno, was sold to a Turlock investment company.
Cedar Creek Apartments, in southeast Fresno, was sold to a Turlock investment company. Special to The Bee

A southeast Fresno apartment complex has been sold to a Turlock investment company for $6.15 million.

Boohmi Investments, Inc. bought Cedar Creek Apartments on Lane Avenue, behind Home Depot at Kings Canyon Road and Winery Avenue, according to Berkadia Real Estate Advisors, Fresno. Robin Kane and Gordon Larkin negotiated the sale. The seller was a Los Angeles corporation.

The 106-unit community, built in 1980, sits on four acres. It has one- and two-bedroom apartments that average about 821 square feet in size. The complex is gated and has a leasing center, swimming pool, covered parking and tot lot. The property was renovated in 2004 and 2014.

BoNhia Lee: 559-441-6495, @bonhialee

  Comments