2014 Q1 Sales Archive

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$4.2 Million REO – Pomegranate Farms Has New Owner ‘Petrus-Crown West’

2014 Q1 Sales Archive / By

Petrus Partners, Ltd., operating in Tucson under the name of Crown West Land Group, (Dean Wingert, Vice-President) purchased 586 acres of the Pomegranate Farms Master Plan for $4.2 million ($7,167 per acre). The specific plan is approved by the county for residential and commercial space. Residential entitlement is for 3,100 to 4,500 SFR lots with […]

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Tucson Multifamily sales of $2.5 Million in February

2014 Q1 Sales Archive, Archive / By

February Tucson multifamily sales broken out by submarkets show an aggregate price of $2.5 million. NORTHEAST SUBMARKET Family Lease, LLC of Tucson purchased a fourplex at 4051-4057 E Bellevue Street in Tucson for $235,000 ($58,750 per unit). The property was constructed in 1945 on a .16 acre lot. The seller was Oakridge Investments of Tucson.

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