IMG II's Zeeshan Khan Acquires Multifamily Asset From McCarty Sacramento Properties For $15.5M

The property involved in this transaction is a multifamily asset located at 900 Simon Terrace in West Sacramento. The sale was completed for a total amount of $15,500,000, encompassing 126 units. The total square footage of the property is 79,200, with a price per unit of $123,015 and a price per square foot of $195.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $15,500,000
• Buyer: IMG II - Zeeshan Khan
• Seller: McCarty Sacramento Properties - Vince Stanich
• Brokers: William Blucher & Wills Vlasek - Newmark
• Units: 126
• Total Square Footage: 79,200
• Price per Unit: $123,015
• Price per Square Foot: $195

The transaction involved key representatives in the brokerage sector, with William Blucher and Wills Vlasek representing the respective parties in this deal through their affiliation with Newmark, facilitating the transfer of the multifamily property from the seller to the buyer.