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Florida Investor Buys Reagan Crossing Apartments in Covington, Louisiana

Carter Multifamily Pays $34.5 Million for High-Tier Apartment Complex
The 288-unit Reagan Crossing Apartments were completed in 2017. (CoStar)
The 288-unit Reagan Crossing Apartments were completed in 2017. (CoStar)
By Vida Gintvainis
CoStar Research
July 30, 2019 | 4:21 P.M.

Tampa, Florida-based Carter Multifamily purchased the 288-unit Reagan Crossing Apartments in Covington, Louisiana, from three Louisiana private investors headed by Gulfsouth Real Estate Management Group for $34.5 million, or about $120,000 per unit.

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