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Fairington Apartments Sells for $18.5M

250-Unit Apartment Community Acquired
By Matthew Clinebell
August 12, 2004 | 12:56 P.M.

BNP Residential Properties (AMEX: BNP) acquired Fairington Apartments in the SouthPark area of Charlotte. The Town & Country Trust (NYSE: TCT) received $18.5 million in cash, about $74,000 per unit, for the 250-unit apartment complex.

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News | Fairington Apartments Sells for $18.5M