Thursday, April 21, 2011

Oxford Rise Apartments Sell for $30M

"Oxford Rise LLC sold the 216-unit Oxford Rise apartment community in Glenmoore, PA to Preferred Apartment Communities, Inc. for $30.2 million, or approximately $140,000 per unit.

The 75,000-square-foot apartment complex was completed in 2009 and has a current occupancy of nearly 95 percent."

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