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68 Units Move in Sought After Submarket

SACRAMENTO—GlobeSt.com EXCLUSIVELY learns that El Dorado Village, a value-add asset with an 'exceptional location' changes hands.

By Natalie Dolce | Updated on February 27, 2015

SACRAMENTO—El Dorado Village, a class A multifamily community located in one of the region’s most affluent submarkets, El Dorado Hills, has changed hands. The 68-unit garden style community sold for $12.4 million, or $182,353 per unit.

The deal was in an off-market transaction to a private investor. The 1031 exchange buyer hired Marc Ross and William Blucher of CBRE Capital Market’s Sacramento Multifamily team to represent them on the acquisition of a suitable exchange property, GlobeSt.com has exclusively learned.

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