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Durango School District Acquires Apartment Community for Staff Housing
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Durango School District Acquires Apartment Community for Staff Housing
Trailbreak Partners, a Denver-based commercial real estate investment and development firm, has completed the sale of Lightner Creek Apartments, a 35-unit multifamily community located along U.S. Highway 160 West in Durango. The property was acquired by Durango School District 9-R for $10 million with plans to convert the apartments into affordable housing for teachers and staff. The purchase represents one of the largest single acquisitions of …
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