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AIMCO Sells Pinebrook Apts. for $7 Million

WI Group Picks Up 208-Unit Complex in Jacksonville
By Martin Maguire
March 31, 2009 | 7:34 P.M.

AIMCO, an apartment REIT, sold the 208-unit Pinebrook Apartments in Jacksonville, FL, to MLG Capital/Pinebrook LLC, of Brookfield, WI, for $7.12 million, or about $34,231 per unit.

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