facebook
Traded Co logo
Submit
Daily limit: 0/10

Caleb Hayes And Tilden Properties Acquire Sacramento Multifamily For $27.32 Million

Property Image
SOLD
$27,325,000

California

See Similar Deals
MultiFamily
Sold 03/27/2025
the dealdetailscomps
Property Image
SOLD

Caleb Hayes And Tilden Properties Acquire Sacramento Multifamily For $27.32 Million

6050 South Land Park Drive & 3300 Parkside Drive

See Similar Deals
MultiFamily
Sold 03/27/2025

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involved a multi-family asset located at 6050 South Land Park Drive in Sacramento, which consists of 170 units. The property was sold for a total of $27,325,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $27,325,000.00
  • Buyer: Caleb Hayes - Parkhills Place Holdings; Greg Tripaldi, David R. Tripaldi, Jr., Jeff Tripaldi & Ryan Crowley - Tilden Properties
  • Seller: Gloria Gonzalez - Gloria Gonzalez Revocable Trust; Benedict Canyon Equities
  • Date of Sale: 03/27/2025

This transaction was facilitated by the involvement of Caleb Hayes representing Parkhills Place Holdings, along with Greg Tripaldi, David R. Tripaldi, Jr., Jeff Tripaldi, and Ryan Crowley representing Tilden Properties in the purchase. The sellers included Gloria Gonzalez, acting through the Gloria Gonzalez Revocable Trust, and Benedict Canyon Equities, indicating a collaboration of established entities in this real estate deal.

Players

SELLER

Details

SOLD
IMAGE: Caleb Hayes, Greg Tripaldi, David R. Tripaldi, Jr., Jeff Tripaldi & Ryan Crowley DATE: 03/27/2025 ADDRESS: 6050 South Land Park Drive & 3300 Parkside Drive MARKET: Sacramento & Rocklin ASSET TYPE: Multifamily BUYER: Caleb Hayes - Parkhills Place Holdings; Greg Tripaldi, David R. Tripaldi, Jr., Jeff Tripaldi & Ryan Crowley - Tilden Properties SELLER: Gloria Gonzalez - Gloria Gonzalez Revocable Trust; Benedict Canyon Equities SALE PRICE: $27,325,000 UNITS: 170 ~ PPU: $160,735 NOTE: Tilden Properties bought the 80-unit Everette Apartments in Rocklin for $16.6M, a 4% increase from its 2021 sale. Parkhills Place Holdings paid $10.725M for the 90-unit Park Hills Place in Sacramento, planning a $1.5M–$2M renovation after acquiring it from an absentee landlord.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,457,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$97,079.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$129,534.44
Annual Debt Service$1,554,413.29