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Stonebrook Homes Inc. Sells Canyontree Apts. for $6M

CA Investor Purchases 169 Units in Phoenix
By Dorothy Spatafore
February 24, 2006 | 2:20 P.M.

Canyontree I LLC, based in Glendale, CA, purchased the Canyontree Apartments, at 2408 W. Myrtle Ave. in Phoenix, from Stonebrook Homes Inc. for $6 million, or about $35,503 per unit.

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