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Bank Sells Riveroaks Apts. for $9 Million

Group Picks Up 294-Unit Saline Multifamily Complex for $30,612 Per Unit
By Erica Underland
January 28, 2009 | 6:22 AM

Riveroaks Apartment Holdings LLC purchased Riveroaks, a 294-unit apartment complex at 801 Valley Circle Drive in Saline, MI. The 254,190-square-foot complex sold for $9 million, or about $30,612 per unit.

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