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Investors Trade Whispering Hills Apts. for $11.24M

Federal Way Multifamily of 111 Units Sell for $101,261+ Per Unit
By Susan Perez
February 26, 2007 | 2:36 P.M.

Mosaic USA Federal Way LP acquired the 111-unit Whispering Hills Apartments in Federal Way from Whispering Hills/Bird LLC for $11.24 million, or about $101,261 per unit, with a cap rate 5.2%.

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