Printer Friendly

MERRY LAND & INVESTMENT COMPANY BUYS FOUR FLORIDA PROPERTIES

 AUGUSTA, Ga., Sept. 16 /PRNewswire/ -- Merry Land & Investment Company, Inc. (NYSE: MRY) has closed the purchase of four upscale Florida apartment communities:
 -- The Vinings at Colony Place
 (Fort Myers) 300 units $17,600,000
 -- Polos at Fort Myers 328 units 14,550,000
 -- Audubon Village (Tampa) 447 units 19,200,000
 -- Mission Bay Apartments (Orlando) 304 units 16,500,000
 Total 1,379 units $67,850,000
 This acquisition increases the company's portfolio to a total of 11,426 units -- representing a total investment of $420 million.
 -0- 9/16/93
 /CONTACT: Tennent Houston, president of Merry Land, 706-722-6756/
 (MRY)


CO: Merry Land & Investment Company, Inc. ST: Florida IN: SU: RLE

RA-BR -- AT005 -- 2689 09/16/93 12:46 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 16, 1993
Words:120
Previous Article:APPLE COMPUTER ADDS TO PORTFOLIO OF SOFTWARE PRODUCTS WITH CROSS-PLATFORM MULTIMEDIA AUTHORING TOOLS
Next Article:CCB-SHELBY SAVINGS BANK TRANSACTION TERMINATED

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters