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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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I'm pretty sure that lot off Granville is a multi family development site. Still crazy expensive though. Cap rates in the mid 2s. I bought in 2008 at what I thought was the peak just before the meltdown. My place has increased by about 75% since then. I keep saying it's not sustainable but every year has a double digit gain over the last.
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