INDIANA APT COMMUNITY TRADES

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MOORESVILLE, IND. — Tikijian Associates has brokered the sale of Towne View Apartments, an 88-unit apartment community located in Mooresville. The property was constructed in 1996 as affordable housing. The new owner, locally based Neff Rentals, plans to convert it to market-rate housing. The seller was Boston Capital. The acquisition price was not disclosed, but the property listed for $3.5 million.

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