Presidio Property Trust, Inc. announced on January 29, 2025, that it sold five model homes during the fourth quarter of 2024.
These sales generated approximately $2.7 million in total proceeds. The homes were originally acquired between 2017 and 2022 for a combined acquisition price of approximately $2.5 million.
Model homes represent a significant portion of the company's total real estate assets, accounting for approximately 25% of the portfolio.
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