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Investors Purchase Pear Tree Village Apts.

134-Unit Complex Trades for $5.12 Million in St. Ann
By Dyan Urquhart
March 9, 2006 | 1:20 P.M.

Pear Tree Apartments LLC has acquired Pear Tree Village Apartments at 4616 Country Lane in St. Ann, MO for $5.12 million, or approximately $38,172 per unit. The property's vacancy rate was 5% when the sale closed.

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