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Stone Canyon Sells for $47M

SCI Sells Mesa Multifamily
By Michael Clemen
May 15, 2015 | 2:50 P.M.

SCI Real Estate Investments sold the 392-unit Stone Canyon multifamily community at 5210 E. Hampton Ave. in Mesa, AZ. The asset was purchased by three tenant-in-common companies formed by Khosro Khaloghli in Costa Mesa, CA for $47 million, or approximately $120,000 per unit.

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News | Stone Canyon Sells for $47M