Presidio Property Trust Provides Update on Model Home Activity in Q4 2024
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Presidio Property Trust, Inc. (NASDAQ: SQFT) reported selling five model homes in Q4 2024 for $2.7 million, which were originally purchased for $2.5 million. This indicates a modest profit from these transactions.
January 29, 2025 | 9:30 pm
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Presidio Property Trust sold five model homes in Q4 2024 for $2.7 million, achieving a modest profit over the original purchase price of $2.5 million.
The sale of model homes at a profit suggests positive revenue generation and asset management by Presidio Property Trust. This could positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100