GRANITE CREEK SELLS FOR $10.25 MILLION

by admin

ROCKLIN, CALIF. — Auburn, Calif.-based SRP Terrace has acquired Granite Creek, an 80-unit apartment community located at 1501 Cobble Creek Circle in Rocklin. Richmond, Calif.-based Granite Creek Apartments Inc. sold the property for $10.25 million. Steven Nelson, Al Inouye and Jackie Van Steyn of Hendricks & Partners’ Sacramento, Calif., office represented the buyer in the transaction.

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