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United Development Group Adds Windward Village to Portfolio

San Diego Outfit Pays $18.5 Million for 168-Unit Apt. Complex in Sacramento
February 15, 2018
San Diego-based United Development Group has acquired the Windward Village at 3130 Occidental Dr. in Sacramento for $18.5 million, or about $110,119 per unit.

The multifamily complex consists of 168 units, including 42 one-bed/one-bath apartments and 126 two-bed/one-bath apartments, according to CoStar information. The complex sits on slightly more than seven acres, and includes a fitness center, laundry facilities and a pool. The new owner has rebranded the community as The Confluence.

Peter Flis and Thomas Kiltz of Marcus & Millichap represented the seller, while Steven Nelson and Dusty Haeling, also of Marcus & Millichap, represented the buyer.

For more information regarding this transaction, please see CoStar COMPS #4124113.
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