MIDLAND - The 352-unit Clusters apartment complex, located at 4415 Northcrest Dr., has been sold to Chicago-based TVO Groupe.
TVO Groupe plans to invest more than $1.4 million into the property in the next several years. That figure translates to about $4,000 per unit.
Midland Central Appraisal District values the property at nearly $21.8 million, according to preliminary assessments for 2014.
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