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Residential Ventures Pays $10.3 Million for 194-Unit Community in Birmingham

Markle Associates Sells Mountainside Complex
By Brett Evans
December 17, 2015 | 9:19 P.M.

The Mountainside community at 101 Penthouse Dr. in Birmingham, AL sold for the second time in eight months as Denver-based Residential Ventures paid $10.3 million, or approximately $53,000 per unit, for the 196-unit complex.

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