2nd Quarter Sales

TUCSON, ARIZONA (May 12, 2023) The Castro Villas apartments at 3020-3028 N Castro Avenue in Tucson sold for $1.575 million ($92,647 per unit). The 17 units in three single-story buildings were built in 1975 sit on a 36,000-square-foot lot in the Central submarket of Tucson, northeast of Blacklidge Dr. and Castro Ave for a total

TUCSON, ARIZONA (May 10, 2023) — Back to the Future Cottonwood, LLC, brothers Wesley, and Carson Mehl, purchased Cottonwood Plaza recently for $11.78 million ($242 PSF) with funds from a 1031 exchange.  Cottonwood Plaza is located at 7250 – 7356 N Oracle Road in Northwest Tucson at the southwest corner of Oracle and Sahuaro Vista,

MARANA, ARIZONA (May 9, 2023) – Marana Leased Housing Associates I, LLP an affiliate of Dominion Apartments, Inc. of Plymouth, MN bought 18.58 acres at 8695 – 8740 N Silverbell Road in Marana for an affordable multifamily site approved for 200 units. The asset closed on April 18, 2023, for $3.85 million ($4.76 PSF). The