Trion Properties Acquires Multifamily Asset In Sacramento For $71.6M

A multifamily property located in Sacramento has been sold as part of a closed transaction. The sale involved a total of 347 units, with a price per unit calculated at $206,340, culminating in a total sale price of $71,600,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $71,600,000
• Units: 347
• Price Per Unit: $206,340
• Buyer: Trion Properties
• Buyer's Representative: Max Sharkansky
• Date of Sale: 12/10/2021
• Market: Sacramento

Max Sharkansky represented Trion Properties in this transaction, facilitating the acquisition of the multifamily asset, becoming a notable player in the Sacramento real estate market.