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The Grove at Sunrise Sells for $26.25M

Crystal Springs Apartments Buys 206-Unit Complex on 5400 Heritage Tree Lane
By Esperanza Tuthill
February 28, 2005 | 1:31 P.M.

Crystal Springs Apartments LLC purchased The Grove at Sunrise Apartments at 5400 Heritage Tree Lane in Citrus Heights. Total consideration for the exchange deal was $26.25 million, or about $127,427 per unit, with a 6% cap rate and 10.2 GRM.

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