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10149 Bruceville Road

Jason Bordainick Of Hudson Valley Property Group Acquires 387-Unit Mosa Apartment Homes For $83.6M
SOLDMultiFamily

Jason Bordainick Of Hudson Valley Property Group Acquires 387-Unit Mosa Apartment Homes For $83.6M

10149 Bruceville Road

$83,600,000

Building Size

Asset Type

MultiFamily

Closing

May 19, 2026

AI

The Mosa Apartment Homes, consisting of 387 units located at 10149 Bruceville Road in Elk Grove, CA, has been acquired by Hudson Valley Property Group for a sale price of $83,600,000. The average price per unit stands at $216,021. The property was newly constructed in 2025, ensuring long-term affordability protections across all units through Low-Income Housing Tax Credit (LIHTC) structures.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $83,600,000
  • Units: 387
  • Price Per Unit: $216,021
  • Buyer: Jason Bordainick - Hudson Valley Property Group
  • Market: Elk Grove, CA

In this deal, Hudson Valley Property Group has also assumed existing debt and partnered with nonprofit Pacific Housing Inc. to deliver resident services and on-site programming, further enhancing operational support within the community.

Players

Jason Bordainick

Hudson Valley Property Group

Buyer

$187M

vol

4 deals

Buyer

Elk Grove MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93