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Illinois Investment Firm Pays $7.78M for British Woods Apartments and Townhomes Near Knoxville

MZ Capital Partners Plans Renovations for 130-Unit Oak Ridge Multifamily Complex
The 130-unit British Woods Apartments and Townhomes in Oak Ridge, Tennessee. Photo: MZ Capital Partners
The 130-unit British Woods Apartments and Townhomes in Oak Ridge, Tennessee. Photo: MZ Capital Partners
By Caroline Bass
CoStar Research
January 16, 2019 | 8:10 P.M.

MZ Capital Partners, an investment firm headquartered in Northbrook, Illinois, purchased a 130-unit multifamily complex in Oak Ridge, Tennessee, from H&M Management Company. British Woods Apartments and Townhomes sold for $7.78 million, or about $60,000 per unit.

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News | Illinois Investment Firm Pays $7.78M for British Woods Apartments and Townhomes Near Knoxville