K. Wayne & Sharon S. Rice purchased Brockford Place Apartments from Brockford Place Associates LP. Located at 1852 Morse Ave. in Sacramento, CA the property sold for a confirmed $3.65 million, $62,931 per unit with an 8.05% cap rate. Built in 1989, the 2-story complex is comprised of two buildings totaling 42,600 square feet on 2.34 acres. The 58-unit mix consists of 26 one-bedroom/one-baths and 32 two-bedroom/two-baths. Wayne Rice with Prudential California Realty in Danville represented the buyer. The seller was represented in-house. By: Jacquie Kuhn & Christopher Schafer (8/28/02)