Home INDUSTRY news 636-Unit Sacramento Asset Sells for $74MM
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636-Unit Sacramento Asset Sells for $74MM

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CITRUS HEIGHTS, Calif.--Marcus & Millichap (NYSE:MMI) today announced its Institutional Property Advisors (IPA) division has arranged the sale of Montage Apartments, a 636-unit garden-style multifamily community located in Citrus Heights, California. The $74 million sales price equates to more than $116,000 per unit. “Sacramento MSA’s strong economic fundamentals are encouraging multifamily property investors,” said Stan […]

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