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WILLITS, CALIF. — TCC Properties has sold Redwood Meadows, a 101-unit seniors housing community in Willits, to Echelon Communities for $10.8 million, or $106,931 per unit. Isaak Heitzeberg of Marcus & Millichap represented the seller, while Heitzeberg and Andres Guerra of Marcus & Millichap procured the buyer.
Built in 1989 on 7.1 acres, Redwood Meadows features four studio inits, 58 one-bedroom units and 39 two-bedroom units. Community amenities include a clubhouse, redwood garden, two laundry rooms, rentable storage units, dog park and drought-tolerant landscaping. Located at 1475 Baechtel Road, the site also includes land with initial city approval for up to 15 additional units.