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68 Units Sell for $2.8 Million

Purchase Knocks it Out of the Park!
By Andrea Jennings
February 21, 2003 | 4:23 P.M.

Park Village Apartments, located at 4689 Roswell Road in Atlanta, sold for $2.8 million, averaging $41,200 per unit. With the cap rate set at 7% and a 90% occupancy rate, this purchase made a well investment for the sole proprietor, Charles X Lin.

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