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292-Unit The Alcove Community Changes Hands

Resource Real Estates Banks $2.7 Million Profit
By Shavon Shockley
February 12, 2015 | 2:52 P.M.

Resource Real Estate Opportunity REIT (RRE) liquidated The Alcove at 77 E. Edgebrook in Houston, selling the 292-unit multifamily community for $8.2 million, or approximately $28,000 per unit.

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