Cumberland Holdings acquired the 115-unit Chardonnay Ridge Apartment Homes in Modesto, CA on June 18th, 2019.
Chardonnay Ridge is in the Northeast Modesto submarket and is walkable to Memorial Medical Center, the largest hospital, and one of the largest employers, in Modesto. The property is directly off Coffee Road, a primary commercial corridor, with a daily traffic count of 29,000 cars. It also has convenient access to Modesto Junior College, Safeway, McHenry Village Shopping Center, Downtown Modesto, and Highway 99.
Affinity Property Management will provide third party property management services.
Property website: https://www.chardonnayridgeapts.com
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