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MJD Acquires Apartment Portfolio in Sacramento and Reno, Nevada, for $14.2 Million

Three Value-Add Apartment Complexes Get Scooped Up by California Investor
By Jonelle Lenz
CoStar Research
June 20, 2019 | 12:33 P.M.

MJD Capital Partners, a California firm that specializes in investing and upgrading workforce housing apartments, closed on a trio of apartment communities in Sacramento, California, and Reno, Nevada, including the 84-unit Kirman Garden complex in Reno in an $8.3 million deal.

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News | MJD Acquires Apartment Portfolio in Sacramento and Reno, Nevada, for $14.2 Million