Storz Management Company Acquires Manufactured Housing In Sacramento For $11.2M

The property at 902 Del Paso Boulevard in Sacramento, a Manufactured Housing asset, was involved in a recent transaction. The sale price for this property was $11,200,000. It comprises 143 units, with a price per unit of $78,322. The total area of the property is 422,967 square feet, with a price per square foot of $26 for the land.

Summary of transaction details:

• Property Type: Manufactured Housing
• Transaction Amount: $11,200,000
• Units: 143
• Price Per Unit: $78,322
• Square Footage: 422,967
• Price Per Square Foot: $26 (Land)
• Address: 902 Del Paso Boulevard
• Market: Sacramento

The transaction involved Storz Management Company as the buyer and Robert Slobe of North Sacramento Land Company as the seller. The brokers who facilitated the deal were William Blucher, Wills Vlasek, and Sean Mahoney from Newmark. This transaction underscores the collaborative effort of these key individuals and companies in completing the property sale.