MEI Sells 53 Unit Apartment Complex in Northern CA For $5.9M

MEI Represented the seller the sale of a 53 Unit condo-mapped multi-family property in┬áNorthern California. The property at 3401 Shawnee Drive, Modesto, CA sold for $5.9 Million at terms that met the seller’s requirements. The sale price yielded a price of $111,320/unit and over a 10% year 1 cash on cash return. The┬árental market is […]