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Shoreline San Mateo Apartments Sell

August 26, 20121 Mins read442
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San Mateo real estate The Registry
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By Sharon Simonson A 28-unit San Mateo apartment complex with bayfront access has sold for not quite its $6.3 million asking price, or $225,000 a unit. The capitalization rate, or yield, at the time of sale was 5 percent. The 1521 Lago St. complex has “incredible views” of the San Francisco Bay and is full […]

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