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Fountain Oaks Sells for $10.9M

224 Units Trade Hands in Phoenix
By Joyce McLaughlin
June 15, 2015 | 2:44 P.M.

ASV Family LP has acquired the Fountain Oaks Apartments at 1225 N. 40th St. in Phoenix, AZ from Summit Equity Investments, Inc. for $10.9 million, or about $49,000 per unit.

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