Fresno's 62-unit Willow Court senior living community has been sold for $7.8 million by a local owner to a Bay Area family office. Photo contributed

In an all-cash transaction by a Bay Area family office, The Mogharebi Group has announced a $7.8 million sale of the 62-unit Willow Court senior living community in Fresno.

Robin and Brendan Kane, who head The Mogharebi Group’s Fresno office, closed the deal on Willow Court. The community was built in 1994 and is located at 1733 S. Willow Ave. near Butler Avenue in Southeast Fresno. It’s within walking distance of Fresno Pacific University and less than a five-minute drive from the Eastgate Shopping Center and a Walmart Supercenter.

The single-story independent senior housing community offers a mix of one- and two-bedroom floorplans. The community features amenities like a clubhouse with a kitchen and fireplace, an outdoor picnic area with barbecues, on-site laundry and manicured open spaces. Willow Court was 100 percent occupied at closing.

“We attracted bidders who recognized the property’s strengths and advised the seller to accept an appealing offer from an experienced senior housing investor,” said Robin Kane.

In April, the Kanes represented the same seller in the sale of the 49-unit Birch Commons for $14.75 million. This transaction was one of the highest per door ever paid on a multifamily property in Fresno, according to a news release.