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Summerview Apartments, a 136-unit multifamily property in California’s Central Valley, traded hands in a $37.6 mil ($276.5k/unit) transaction. The gated community is located at 3601 Prescott Rd, east of Hwy 99 and north of Hwy 132 in Modesto.

Built in 1988, Summerview Apartments features 20 one- and two-story buildings offering spacious one- and two-bedroom floorplans, each equipped with full-sized side-by-side washers and dryers. Previous ownership completed full or partial renovations on 120 of the 136 units.