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Regency Park Apts Sell for $5.3M

Private Investor Purchases Multifamily as Upleg in 1031 Exchange
By Chris Wong
April 2, 2014 | 12:14 P.M.

A private investor purchased the Regency Park Apartments at 144 W. 42nd St. in San Bernardino, CA for $5.33 million, or about $63,000 per unit, from Finch Properties. The purchase marks the upleg in a 1031 Exchange for the buyer.

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