The City of Tucson finalized the sale on Oct 16 of 6.45 acres of land at the northeast corner of 22nd Street and I-10 for $1,602,001 ($5.70 PSF). The buyer 22nd Street Land LLC (Lowell Carhart, principal) of Honolulu, HI an affiliate of Eons Expos intends to build the first gem show condominium and exhibition
City of Tucson Closes on 6.45 acre deal for $12 M Development Read More »
NORTHWEST SUBMARKET Maracay Homes purchased six more lots at Tortolita Vistas for $955,845 ($159,307 per lot) for the 1-acre lots in this Northwest community, off Tangerine and Thornydale Roads. This is the fourth takedown and 25-lots to-date for Maracay here, with a rolling option for 54 total lots that was started October, 2013. Will White
Recent Tucson Residential Land Sales Total $7.7+ Million Read More »
The Fairfield Inn Tucson Airport at 6955 South Tucson Boulevard in Tucson sold in an REO Auction recently for $2.21 million ($26,000 per room). The 85-room, 3-story hotel is 38,127-square-feet and sits on a 1.48 acre parcel near the airport. The buyer, Rao Yalamanchili of Arcadia, CA rebranded the hotel immediately to Baymont Inn and
Fairfield Inn Tucson Airport Sells at REO Auction, Rebranded Baymont Read More »