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Investor Sells Coachella Land for $8 Million

Family Development Inc. Purchases 39.53 Acres for a Subdivision of 147 Single-Family Homes
By Kimberly Strandberg
February 9, 2006 | 1:50 P.M.

Family Development Inc. acquired 39.53 acres on the southeast corner of Harrison Street and Avenue 44 in Coachella. The land sold for $8 million, or about $202,378 per acre.

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  • Properties