TUCSON, AZ (March 13, 2026) — Casas Adobes Apartments, a 204-unit multifamily property at 6200 N. Oracle Road in northwest Tucson, sold for $28.75 million. The sale closed Feb. 26, 2026.
The property was built in 1978 and covers 10.33 acres, with 156,475 square feet, equating to approximately $183.74 per square foot and about $140,931 per unit. The apartment community is an 18-building project with two- and three-story structures offering a unit mix of studio, one-bedroom, and two-bedroom floor plans. Amenities include a fitness center, two pools and spas, a clubhouse, laundry facilities, a business center, a dog park, and covered parking.
The seller, GR Partners Casa Adobes LLC of Highlands Ranch, Colorado, purchased the property in 2016 for $11.75 million. The buyer was WNC/WP Oracle LLC of Cypress, California. The listing broker was Brett Polachek with Newmark in Phoenix.
The property is located in the Oracle Road corridor within the Casas Adobes area, a mature northwest Tucson submarket that continues to attract investor interest for larger-scale apartment communities with established occupancy, amenities, and access to major retail and employment corridors. The sale adds to ongoing multifamily transaction activity in Tucson, as investors continue to target well-located, scalable legacy assets.
Source: RED Comp #12369