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Carmichael Apartments Sold for $7.4M

Private Investors Acquire 84-Unit Multifamily Property in Carmichael
By Mark Panganiban
April 13, 2006 | 7:25 P.M.

LeFever Mattson Inc., et al purchased The Carmichael Apartments at 4247 Hackberry Lane in Carmichael for $7.4 million, or approximately $88,100 per unit, with a 6.47% cap rate.

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