Giant Sequoia Village 615 S Demaree St 40 Unit Apartment Building $6,499,990 ($162,500/Unit) 6.30% Cap Rate Visalia, CA 93277

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.