The True Life Companies Acquires 28 Acres Of Land In Sacramento's Robla Neighborhood For $2M

The True Life Companies, represented by Scott Clark, has acquired 28 acres of land in Sacramento's Robla neighborhood from Capstar Holdings Corp., represented by Tim Schools. The sale price for the transaction was $2 million.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $2,000,000
• Address: 901 Main Avenue & 853 Main Avenue
• Market: Sacramento
• Acreage: 28

The True Life Companies have plans for a 135-home project called Dry Creek Estates, which will be built on the newly acquired land. The project involves rezoning the land from agriculture to residential use and includes the preservation of an existing wetland swale on the property. Building permits have not been sought at this time.