97-Unit Modesto Apartment Community Sells for $17.6MM

MODESTO, Calif.--The Mogharebi Group ("TMG") has completed the sale of Trails at 2112 Apartments, a 97-unit community in Modesto. The property sold for $17,550,000 with multiple offers ($180,927 per unit). Alex Mogharebi and Otto Ozen of The Mogharebi Group represented the seller, a Northern California-based investor. The buyer was a private investor, also based in Northern California. “The property is a […]