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NNN Acquires River Ridge Apts. for $26M

Group Sells 252-Unit Multifamily as Part of 1031 TIC Transaction
By Rory Hillenga
October 18, 2007 | 3:57 AM

Triple Net Properties LLC, an entity of Santa Ana, CA-based NNN Realty Advisors, purchased the multifamily complex at 1906 River Ridge Drive in Asheville, NC, from Easy Access Properties LLC for $26.2 million, or about $103,948 per unit.

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