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Investor Buys Huntington Beach Multifamily for $1.8M

Nine-Unit Complex Sells for $200,000 Per Unit
By Joshua Ohl
February 4, 2010 | 3:10 P.M.

A private investor purchased the multifamily complex located at 313 16th St. in Huntington Beach, CA, for $1.8 million, or about $200,000 per unit. The transaction represented the seller's downleg in a 1031 exchange.

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