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Viera Cool Springs Apts Trades for $44M

Investor Acquires 468 Units in Franklin
By Justin Sumner
CoStar News
March 8, 2013 | 2:26 P.M.

Viera Holdings LLC acquired the Viera Cool Springs Apartments at 300 N. Royal Oaks Blvd. in Franklin, TN from Covenant Capital Group for $44 million, or about $94,000 per unit. The asset was roughly 94 percent occupied at the time of sale.

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