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Royal Apartments in City Heights Sold for $7M

A City Heights apartment building has been sold for $7 million.

Towle Court Village, LLC bought Royal Apartments, 5101-5111 Towle Court, from PI Properties No. 5, LLC.

The buyer and seller were represented by Benn Vogelsang of Northmarq.

Built in 1963, the building has 48 studio apartments of about 370 square feet.



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