MG Properties Acquires Two Sacramento Communities for $66.5MM

(EDITOR’S NOTE: According to public records reviews by the Sacramento Business Journal, the properties sold for $66.5 million, or for a combined $350,000 per unit. 95-unit Eleanor, located at at 501 16th St., sold for $32.5 million, or $342,105 per unit, while the 95-unit H16 apartments, located at 731 16th St., sold for $34 million, or $357,894 per unit.) SAN […]