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Sawyer Realty Holdings Sold Shelter Cove Apts. for $38M

Rieder Communities Acquired 300 Units in Odenton, MD
By Greg Stovall
November 7, 2005 | 8:16 P.M.

Rieder Communities purchased Shelter Cove Apartments for $38 million, or about $126,667 per unit. The multifamily community is at 537 Tranquil Court in Odenton, MD. The seller, Sawyer Realty Holdings, sold the property at a 97% occupancy rate.

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