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Villa Serrano Apartments Sold for $3.9M

Private Investor Acquires 43-Unit Multifamily Property in Carmichael
By Giulio Crivello Guidi
April 17, 2006 | 6:46 P.M.

140 Lathrop Road LLC purchased the Villa Serrano Apartments at 5241 Marconi Ave. in Carmichael for $3.96 million, or $92,000 per unit, with a 5.3% cap rate.

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News | Villa Serrano Apartments Sold for $3.9M