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Avalon Palms in Austin Sold for $7 Million

Investors Pick Up 352-Unit Apt. Complex
By Erin Moffett
March 5, 2012 | 7:47 P.M.

Matt Albrecht and Gary Brummer acquired the 352-unit multifamily building at 9300 Northgate Blvd. in Austin, TX, from Palms of Avalon Apartments TX LLC for $7 million of $20,115 per unit.

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