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$2.9 Million Bentley Sells

Apartment Complex Sells In Sacramento
By Carolyn Mitchell
July 12, 2002 | 5:36 P.M.

Private investor, Mark Kramer purchased the Bentley Place Apartments located at 1580 Morse Ave. in Sacramento, CA for $2.9 million, or $48,333 per unit. Built in 1967, the 5-building, 2-story apartment complex totals 49,350 square feet on 1.41 acres. The 60-unit complex consists of 51 two-bedroom/one-bath and nine one-bedroom/one-bath units. Each unit features a gas stove, dishwasher, garbage disposal, heat/air wall units and ceiling fan. The complex also offers a laundry room and pool. Dennis Griffin of The Griffin Co. in Sacramento represented both the buyer and the seller, EM West Investments LLC, in the transaction. By: Carolyn Mitchell & Shawn Kelson

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