615 S Demaree St, Visalia, CA 93277

Beds
87
Sqft
34,038
Pool
Yes

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Listed byThe JKRE Investment Group
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Overview

Giant Sequoia Village at 615 S Demaree St is a 40 unit multifamily community offered at an approximately 6.3 percent day-1 cap rate. This is a value acquisition built on strong in-place cash flow. The property generates over $51,700 per month in scheduled rents, delivering an attractive going-in yield from day one. The unit mix consists of 33 two bedroom one bathroom units and 7 three bedroom one bathroom units, with no studios or one bedrooms. These family sized floor plans average roughly 850 square feet and total 34,038 square feet on a 1.41 acre lot. The asset is well positioned for a hands-off owner, with on-site management, two laundry rooms leased through WASH, and a swimming pool. In-place rents also sit modestly below market on a number of long tenured leases, offering incremental upside over time. Multifamily assets of this scale rarely trade in Visalia, making this an excellent fit for 1031 exchange buyers, regional operators expanding in the Central Valley, and investors seeking durable stabilized cash flow.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
87
Square feet
34,038
Lot size (acres)
1.41
Year built
1973

Exterior features

Pool
Yes

Utilities

Cooling
Central Air
Water
Public Water

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Fresno MLS®#: 651465 Last checked:

Based on information from the Humboldt Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2026 Humboldt Association of REALTORS®. All Rights Reserved.