2013 Q4 Sales Archive

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Year End Land Deals: Aggregate Sales $1.53 Million

Thrac Paulette, this year’s CCIM Forecast Winner in the land category reported that there was a total of 84 residential land transactions in the Tucson market for 2013, totaling $148 million. The Northwest Submarket was the most desirable with 36 transactions in 2013. The Southeast and Far South Submarkets each had 11. Local, private builders […]

Year End Land Deals: Aggregate Sales $1.53 Million Read More »

The Groves Assisted Living Homes Change Hands for $2.5 Million

Groves Assisted Living Homes, LLC of Tucson (Sherre and Marshall Weeks) purchased the Groves Assisted Living facilities for $2.5 million ($42,000 per bed). The sale included three properties, 4014-4034 E Pima Street, 4110 E Spring Street and 2785 N Calle De Romy in Tucson and comprise six 10-bed licensed homes and an SFR. Convenient to

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Two Tucson Apartment Deals Totaling 76-Units Sell for $2.72 Million

Two Tucson apartments deals sold with an aggregate sale price of $2.72 million for 76 total units. The Roger Plaza Apartments at 102 West Roger Road in Tucson sold in December for $1.4 million ($28,000 per unit). The price is deceiving though, since it was an option agreement entered into three-years prior between the seller,

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