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Investor Buys 180-Unit Steilacoom Multifamily for $9.9M

Group Sells Bonaventure Village Apts. at 82 Village Green Loop
By Susan Perez
February 27, 2007 | 1:43 P.M.

The group GRE Summit LLC purchased the 180-unit Bonaventure Village Apartments in Steilacoom from M-Y Partners LP for $9.91 million, or about $55,056 per unit, with a cap rate of 6.4%. The complex was 94% occupied at the time of sale.

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