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Emerald Gardens Sold For $14.5M

Private Investor Group Buys 243-Unit Apt. Property
By Chris Hamlett
November 7, 2005 | 6:53 P.M.

An investment group called Portico Emerald LLC purchased the 243-unit apartment property at 1550 E Harmon Ave, 4400 Tamarus St and 1601 E University Ave in Las Vegas, NV for $14.5 million, exactly $59,670 per unit at a 5.19% capitalization rate.

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