California investor buys Royal Palms Apartments for $30M

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Royal Palms Apartments has sold for $30 million to California-based investor LTL Royal Palms-Baton Rouge DST, according to the East Baton Rouge Parish Clerk of Court’s office. The apartment complex, across from Costco on Airline Highway, comprises five apartment buildings and a clubhouse with gated access and a pool. According to the website of LTL

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