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6050 South Land Park Drive

Updated Mar 31, 2025

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

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

6050 South Land Park Drive & 3300 Parkside Drive

$27,325,000

Units

170

Asset Type

MultiFamily

Closing

Mar 27, 2025

About this deal

AI

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.

On the Map

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$27,325,000

MultiFamily

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Players

Tilden Properties
Tilden PropertiesBuyer
Benedict Canyon Equities
Benedict Canyon EquitiesSeller
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Sacramento MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $160.7K per unit across 170 units on a published $27.3M (2025).

Browse Sacramento multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.58%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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