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.
Elk Grove MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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