TUCSON, ARIZONA -- Pueblo Springs Holdings, LLC purchased Pueblo Springs Apartments, a 41,850-square-foot multifamily property located at 3003 N. Alvernon Way in Tucson. The 75-unit apartment complex was purchased from Pueblo Springs by Bakerson, LLC for $4,200,000 as a value-add property. Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Anna Sepic with Levrose Commercial Real Estate, represented the buyer.
Portledge Partners, LLC purchased The Grove, a 14,278-square-foot apartment complex located at 2102 and 2110 N. First Ave. in Tucson. The 7-unit, 27-bed student housing property was purchased from West Seattle 37 Investors, LLC for $2,750,000. Cushman & Wakefield | PICOR handled this transaction. Allan Mendelsberg, Principal, and Conrad Martinez represented the seller in this transaction. Paul Hooker, Principal, represented the buyer.
BRInc Financial, LLC purchased Santa Rosa Apartments, a 9,152 square-foot multifamily property located at 1623-1641 N. Santa Rosa Ave. in Tucson. The 8-unit apartment complex was purchased from 1623-1641 N Santa Rosa Avenue Trust for $610,000. Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.
Tucson QOF, LLC purchased Flores Apartments, a 9,255-square-foot multifamily property located at 225 and 255 W. Flores St. in Tucson. The 19-unit apartment complex was purchased from JZR Investment Group, LLC for $590,000. Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.
ECM Real Estate Investments, LLC purchased , a 4,500-square-foot multifamily property located at 2511 and 2515 N. Geronimo Ave. in Tucson. The 6-unit complex was purchased from 2511 Geronimo, LLC and 2515 Geronimo, LLC for $340,000. Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.
For more information, Mendelsberg and Martinez should be reached at 520.748.7100.
To learn more, see RED Comps #8201, #8202 #8210, #8187, and #8221.