1st Quarter Sales

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Rancho Los Amigos MHP sold at $4.8 million for Redevelopment

Historic Rancho Los Amigos, a mobile-home park that began as a citrus grove, at 600 West Orange Grove Road in Tucson was bought by Alta Vista Communities (Roger Karber, manager) recently for $4.8 million ($282,353 per acre). The property sold for land value and is located just west of the intersection of Orange Grove and Oracle […]

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Allstate Self Storage in Phoenix Sells for $6.7 Million

Allstate Self Storage located at 4110 E. Bell Road in Phoenix, AZ was sold for $6.7 million, or $88 PSF and $8,535 per storage unit, to U-Haul International. The property was constructed in 1999 and consists of about 68,250-square-feet and 785 storage units plus a 7,600 square foot, 2-tenant retail building. Occupancy at time of

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Two NNN Investment Sales totaling $5.09 Million

Two NNN investment sales totaling $5.09 million took place recently in Northwest and Northeast Tucson submarkets: Carmack Center, LLC of Escondido, CA (Michael Nicholson, manager) purchased the BRAKEmax / Merles Auto Supply joint building at 6550 & 6560 N. Thornydale Road in Tucson from Encino Investments, LLC (Albert Davidoo, manager) for $3,475 million ($261 PSF).

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