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Pinecrest Apartments Sells for $7.9M

Investor Buys 63 Units at 15040 Leffingwell Road in La Mirada
By Rhonda Demarest
June 6, 2006 | 4:53 P.M.

Pinecrest Apartment Company LP acquired the 63-unit Pinecrest Apartments in La Mirada for $7.93 million, or about $125,800 per unit, with a cap rate of 5.66%.

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