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Los Angeles Investor Pays $42.4M for Lowell, Massachusetts, Apartment Complex

JRK Property Holdings Adds 252-Unit Cabot Crossing to Portfolio
By Michael Harvey
CoStar Research
January 15, 2019 | 3:25 P.M.

JRK Property Holdings, a full service investment firm headquartered in Los Angeles, purchased a 252-unit apartment complex in Lowell, Massachusetts, from Taurus Investment Holdings. Cabot Crossing sold for $42.4 million, or about $168,000 per unit.

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