Newmark Brokers William Blucher & Ali Nadimi Facilitate $38M Sale Of Sacramento Multifamily Property

Located at 1 Shoal Court in Sacramento, this multifamily property was recently sold in a closed transaction for a sale price of $38,000,000. The property consists of 148 units, resulting in a per unit price of $256,756. The sale took place on November 27, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $38,000,000
• Units: 148
• Price Per Unit: $256,756
• Date: 11/27/2021
• Market: Sacramento

The sale of this property was facilitated by Graceada Partners, represented by Joe Muratore and Ryan Swehla. The brokerage services were provided by William Blucher and Ali Nadimi of Newmark.