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Raintree Apts Sold for $12.4M

Colorado Investor Expands Arizona Portfolio with Multifamily Property
By Joseph Gaines
July 25, 2017 | 9:03 P.M.

SPL Real Estate & Management Co. acquired the 364-unit Raintree Apartments at 6450 E. Golf Links Rd. in Tucson, AZ for $12.48 million, or about $34,000 per unit, from Summit Equity Investments, Inc.

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