Downtown Apartments Sold for $4.35 Million, Upgrades Coming
Source: Sacramento Business Journal
Brokers: Ken Turton
With potential for upside, a downtown Sacramento apartment property sold last week for $4.35 million, or about $181,000 a unit.
The Huntington, at 1409 T St., has 24 units and is likely to see upgrades, said one of the brokers on the deal, Ken Turton of Turton Commercial Real Estate.
“They already have a team working on it,” he said of the buyer, the Bay Area-based Katherine Eschoennagel Living Trust.