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Stewart Arms Apts. Senior Community Trades for $3.3M

Private Investor Acquires 71 Units at 230 N. 11th
By Angela Tiersma
July 19, 2007 | 3:54 AM

Stewart LV Investors LLC purchased the Stewart Arms Apartments Senior Community at 230 N. 11th St. from Lock Realty Corp. II for $3.3 million, or about $46,479 per unit, with a 5.8% cap based on income at time of sale.

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