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our new house alone was ~$3million
it sleeps 42, has 17 bathrooms, an industrial kitchen, elevator, laundry room, etc. the land was around $500K, but our parking lot has 55 spaces and we own land up and down a cul-de-sac which has room for another 30 cars
keep up those positive relationships with your alums. to live in this house costs us the same as living back on campus and the loan, since the house was paid for by one benefactor, is interest-free
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