N.Y. investor lands Alabama apartments

Average unit size nearly 1,300 square feet
Published on Jan 22, 2008

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by CareyBot

Arbors of Madison, a 204-unit multifamily community in Madison, Ala., has sold to an out-of-state investor for $10 million free and clear of debt. A multifamily buyer from the metropolitan New York area purchased the property from Atlanta-based Alexander Properties ...

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