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ROC Fund Buys 856-Unit Phoenix Multifamily

Life Co. Sells Saratoga Ridge for $75.5M
By David Simental
June 1, 2016 | 8:44 P.M.

ROC Fund III has purchased the 856-unit Saratoga Ridge apartments at 1450 E. Bell Rd. in Phoenix, AZ for $75.5 million, or roughly $88,000 per unit, from Variable Annuity Life Insurance Company.

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