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The latest update is out from Presidio Property Trust ( (SQFT) ).
In the fourth quarter of 2024, Presidio Property Trust’s Model Home division sold five homes for approximately $2.7 million, with the homes originally purchased between 2017 and 2022 for about $2.5 million. Steve Hightower, President of the Model Homes Division, noted that sales were in line with expectations despite seasonal and election cycle influences, as the company continues to attract buyers in the resale sector and explores purchasing opportunities from builders across various markets.
More about Presidio Property Trust
Presidio Property Trust is an internally managed real estate investment trust (REIT) with a focus on model home properties, which are triple net leased to homebuilders, and office, industrial, and retail properties. The company operates primarily in Arizona, Texas, Florida, Colorado, Maryland, North Dakota, Texas, and Southern California.
YTD Price Performance: -15.62%
Average Trading Volume: 96,957
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.73M
For an in-depth examination of SQFT stock, go to TipRanks’ Stock Analysis page.
