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$2.9M Multifamily Sale in Berkeley Closes

16-Unit Property on Milvia Street Sold
By Ashley Guggia
July 16, 2004 | 1:18 P.M.

Yu-Hui & Chia-Chen Sun purchased 1945 Milvia St. in Berkeley, CA. The property sold for $2.9 million, about $181,250 per unit. The cap rate on the deal was 4.86% with a GRM of 9.73.

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