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CA Group Sells W. McDowell Road Complex for $13.7M

Desert Wind Apts. Trade for Nearly $63,500/Unit
By Mikaela Hinds
March 26, 2007 | 12:58 P.M.

Desert Wind Apartments Arizona LLC acquired Desert Wind Apartments at 4140 W. McDowell Road in Phoenix for $13.7 million, or approximately $63,426 per unit, at a 7.11% cap rate. The seller was Flessix 2 LLC based out of El Cajon, CA.

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