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Magnolia Court Apartments Sold

Investor Acquires 26-Unit Multifamily in Riverside
By Phyllis Judeika
September 23, 2011 | 12:02 P.M.

HavenSt.Magnolia LLC purchased the Magnolia Court apartment complex at 8208 Magnolia Ave. in Riverside, CA for approximately $2 million, or $75,673 per unit, from 8208-8220 Magnolia Investors LLC. The sale closed with a 7.85% cap rate.

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News | Magnolia Court Apartments Sold