2nd Quarter Sales

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Marcus & Millichap Completes $3.2 Million in Tucson Multifamily Deals

TUCSON, Arizona — A California investor, Mibara Inc., bought the value-add property Kelso Vista Apartments at 450 W Kelso Street in Tucson for $1.7 million ($42,500 per unit). The 40-units in 24,030-square-feet were all one-bedrooms, with pool, spa and laundry facilities and built in 1983. Property was 50% occupied at time of sale. The Marcus

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NW Animal Inn & Pet Clinic Sold to New Veterinary Service for $891,000

TUCSON, Arizona — The Animal Inn and Pet Clinic at 6745 N La Canada Dr in Tucson sold for $891,000 ($76 PSF).  Property consists of a dog & cat boarding Kennel, zoned CR-1, with a permitted non-conforming use, and a Veterinary Clinic on 8.74 acres. The seller was Lila Wadsworth, a well-known Afghan Hound breeder

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Safeway Closes $2.6 Million Site at Mercado del Lago in Vail

TUCSON, Arizona — After years being on hold, Safeway has closed on a 7-acre site at Mercado del Lago. Safeway has been eyeing this site for many years, waiting for the grocery store market to stabilize, and is now ready to begin construction. Located in southeast Tucson, at the intersection of Colossal Cave Road and

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