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Stratford Sells SeaTac Gardens Apts.

Investor Buys 62 Units in Seattle for $3.94 Million
By Susan Perez
June 26, 2007 | 1:36 P.M.

The Stratford Co. LLC sold the 62-unit SeaTac Gardens Apartments in Seattle for a little more than $3.94 million, or about $63,500 per unit, to Sky Garden Park Villa LLC. The complex was 99% occupied at the time of sale and sold with a cap rate 4.96%.

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