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34254919
34254918

615 S. Demaree Street, Visalia, CA 93277

JK
CA CA 01456017
Colliers - Fresno, California
CB
CA 02274060
Colliers - Fresno, California
Listed by Colliers - Fresno, California
$6,499,990
1 day on market
Updated 1 day ago

Giant Sequoia Village

Details
APN 087-090-048-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 34,038
Net Rentable (SqFt) 34,038
Units 40
Cap Rate 6.30%
NOI $409,702
Occupancy 100%
Tenancy Multi
Price per SqFt $191
Class B
Year Built 1973
Buildings 1
Acreage 1.410
Zoning RM3

Giant Sequoia Village presents a strong cashflow opportunity in a growing Central Valley Market.

Marketing description

Giant Sequoia Village is a 40-unit multifamily community located at 615 S Demaree St in Visalia, California, the commercial and population hub of Tulare County. The property comprises 34,038 rentable square feet situated on a 1.41-acre lot in an established residential area of Visalia, offering residents convenient access to schools, shopping, employment centers, and the region's major transportation corridors.

The community is composed entirely of family-sized floor plans, a unit mix that sets it apart in the local rental market and supports consistent tenant demand and long-term occupancy. The 40 units break down into 33 spacious two-bedroom, one-bathroom residences and 7 three-bedroom, one-bathroom residences, averaging approximately 850 square feet per unit. With no studio or one-bedroom units, the property is well positioned to attract and retain quality, long-term residents seeking larger living spaces at an attainable price point.

Giant Sequoia Village offers a range of on-site amenities designed to enhance resident convenience and support the property's operational stability. The community features a swimming pool, two on-site laundry rooms equipped with washers and dryers leased through WASH, and professional on-site management. The property's straightforward, low-maintenance layout and established resident base make it an ideal fit for both regional operators and passive owners seeking a well-positioned Central Valley asset.

The units are individually metered for power and gas and paid by tenant.

Investment highlights

  • 40 total units across a well-maintained multifamily community
  • 34,038 rentable square feet on a 1.41-acre lot
  • Unit mix of 33 two-bedroom/one-bathroom and 7 three-bedroom/one-bathroom residences
  • Family-sized floor plans averaging approximately 850 square feet
  • Swimming pool
  • Two on-site laundry rooms with WASH-leased washers & dryers
  • On-site management
  • Established residential location in Visalia, the hub of Tulare County

Listing Contacts

JK
CA CA 01456017
Colliers - Fresno, California
CB
CA 02274060
Colliers - Fresno, California
Listed by Colliers - Fresno, California

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$409,701.74
$34,141.81/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

Map

Zoning

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R-M-3 ResidentialMulti FamilyMultifamily Residential 1200 Square Foot Minimum Site Area
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jeff Kim
License
CA 01456017
Name
Chris Byrd
License
02274060
Brokerage
Colliers International
Brokerage Phone
5592211271
Brokerage Address
7485 North Palm Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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