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Ardizzone Takes Indy Apt. Portfolio for $81M

AIMCO Sells Five Multifamilies for $42,840 Per Unit
By Andrew Deichler
August 18, 2008 | 3:23 P.M.

Apartment renovation services company Ardizzone Enterprises acquired five multifamily properties in Indianapolis from AIMCO, a Denver-based apartment REIT, for $80.75 million, or about $42,840 per unit, according to a filing with the SEC.

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News | Ardizzone Takes Indy Apt. Portfolio for $81M