Home Finance All-Cash Buyer Acquires 15-Unit Hawthorne Apartments in Palo Alto for $10.15MM
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All-Cash Buyer Acquires 15-Unit Hawthorne Apartments in Palo Alto for $10.15MM

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aerial view of Palo Alto
Photo by Mac Gaither on Unsplash
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The downtown Palo Alto multifamily property traded at $676,667 per unit after a months-long marketing process, signaling continued investor appetite for trophy Silicon Valley rental assets A 15-unit apartment community two blocks from downtown Palo Alto has changed hands for $10.15 million in an all-cash transaction, with the Levin Johnston team of Marcus & Millichap […]

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