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Colorado Investor Acquires San Norterra Apts for $62.5M

388 Units Trade Hands in Phoenix
By Matt Mendoza
December 31, 2014 | 12:20 P.M.

Equity Residential and Mark-Taylor Residential, Inc. sold the 388-unit San Norterra apartments at 28515 N. North Valley Pky. in Phoenix, AZ to Richmark Holdings, Inc. for $62.5 million, or approximately $161,000 per unit.

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