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Mercer Villa Apts. Acquired for $3.5M

Investor Buys 17-Unit Complex in Capitol Hill District
By Susan Perez
May 17, 2007 | 12:26 AM

An investment group known as Mercer Villa Partners LLC purchased the 17-unit Mercer Villa Apartments in Seattle for just less than $3.5 million, or about $205,800 per unit, with a cap rate of 3.5%.

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News | Mercer Villa Apts. Acquired for $3.5M