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Georgia Investor Sold Clairmont on the Green Apts.

California Group Acquired 228-Unit Largo Complex for $16M
By Brian Misar
October 11, 2006 | 3:50 P.M.

Clairmont LP of Mill Valley, CA acquired the Clairmont on the Green Apartments at 600 Starkey Road in Largo from Largo Property Associates Ltd. of Atlanta, GA. The property sold for $16 million, or approximately $70,175 per unit, with a 6.56% cap rate.

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