Presidio Property Trust sold 5 model homes for $2.7M in Q4 2024

Presidio Property Trust, Inc.

Sold five homes for total ~$2.7M; acquisition cost of those homes was ~$2.5M (purchased 2017–2022).
Model homes account for ~29% of net real estate assets; wholly owned 55 of 78 model homes as of Dec 31, 2024.
Division president says sales were on par with expectations; seasonal and election cycles slowed activity.
Company continues to evaluate purchase opportunities from homebuilders in multiple markets.

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