Dawson Park Apartments sells for $45.7M

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Dawson Park Apartments, a four-story, 155-unit complex on Picardy Avenue in the Baton Rouge Health District, sold last week to RK Properties, a Long Beach, California-based multifamily investment company, Elifin Realty reports.  The sales price was $45,725,000, or $295,000 per unit, Elifin says.  Founded in 1976, RK Properties’ current portfolio is worth more than $1

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