TIC investors unload multifamily asset

Vacancy rate nearly 10% at North Carolina site
Published on Jan 7, 2008

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by CareyBot

Triple Net Properties LLC recently sold an Asheville, N.C., apartment complex on behalf of tenant-in-common investors for an undisclosed price. The asset, Meadows Apartments, comprises 392 units with an average unit size of 994 square feet. Built in three phases ...