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Ashton Pointe Apts Sold for $42.5M

Investors Acquire 314 Units in Avondale
By Matt Mendoza
March 9, 2016 | 3:39 P.M.

P.B. Bell Asset Management, Inc. sold the Ashton Pointe apartments at 12175 W. McDowell Rd. in Avondale, AZ to Parkmeed Properties for $42.5 million, or approximately $135,000 per unit.

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