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66-Unit Newport Beach Apartment Community Sells For $30.5M

Bisnow

Posted In — News & Press | In the News

In what brokers said was a rare find, a subsidiary of Waterford Property Co. has acquired an assemblage of multifamily properties in Newport Beach for $30.5M.

The Dover Heights Apartment Homes comprise nine individual parcels totaling 66 units on 2.24 acres at Buckingham and Bedford lanes. An undisclosed private investor sold the property to Waterford Residential for $463K/unit.

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