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Sierra Ridge Apts Acquired For $1 Mil

Investing In Santee's Donna Jean
By James Navarro
June 20, 2002 | 1:37 P.M.

Maria Lee, an individual investor, purchased the 11,608-square-foot apartment building located at 8866 Donna Jean Lane in Santee, CA. The buyer agreed to purchase the property for $1.1 million, approximately $64,706 per unit. The 43-year-old property features 17 units and 18 covered parking spaces and is near the Gillespie Field Airport. Ben Ruff of Ruff Real Estate represented the buyer. Bob Farrior of Great Western Investments represented the seller, Mitchell J. and Zora J. McDonald Trust.

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