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Davenport Townhouses
DAVENPORT TOWNHOUSES
CAMBRIDGE, MA


 
Description

Construction Completed : September 1998

Construction Cost: $1.0 Million

Improvement Cost: N/A

Sale Price: $1.5 Million

Sale Date: 1998 and 1999

IRR: 71.6%
Development of three four-level townhouses in Cambridge, Massachusetts. All units are of high quality with private decks and garaged parking.

Strategy

The townhouses were developed and sold in one year. Each was sold for approximately $480,000.

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