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Crown Capital Acquires Multifamily Property In Sacramento For $62M

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SOLD
$62,000,000

California

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MultiFamily
Sold 08/09/2022
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Property Image
SOLD

Crown Capital Acquires Multifamily Property In Sacramento For $62M

7650 Windbridge Drive, Sacramento, California 95831, United States

See Similar Deals
MultiFamily
Sold 08/09/2022
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Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The sale of a multifamily property at 7650 Windbridge Drive in Sacramento has been completed. The property, consisting of 188 units, was sold for a total price of $62,000,000, resulting in a per unit price of $329,787. The transaction was facilitated by broker Marc Ross from CBRE.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $62,000,000
  • Units: 188
  • Price Per Unit: $329,787
  • Address: 7650 Windbridge Drive, Sacramento
  • Market: Sacramento

Crown Capital, represented by broker Marc Ross from CBRE, acquired the property from the seller Bridge Partners.

Players

Marc Ross
13 deals$828.9M volume(916) 446-8785
BROKER

SELLER

Details

SOLD
IMAGE: Marc Ross DATE: 08/09/2022 ADDRESS: 7650 Windbridge Drive MARKET: Sacramento ASSET TYPE: Multifamily BUYER: Crown Capital SELLER: Bridge Partners BROKER: Marc Ross - CBRE SALE PRICE: $62,000,000 UNITS: 188 ~ PPU: $329,787

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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