4th Quarter Sales

TUCSON, Arizona – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Lakeside Casitas, a 310-unit multifamily property at 8250 E Golf Links Road in Tucson, Arizona. The asset traded for $63.25 million, which equates to $204,032 per unit. Located in a market that benefits from the competitive […]

TUCSON, Arizona – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Metro Broadway, a 135-unit multifamily asset in Tucson, Arizona. The property sold for $20.3 million, which equates to $150,370 per unit. “Attractive year-over-year average rent growth and lack of supply is driving demand for multifamily investment

TUCSON. ARIZONA –  LUCESCU REALTY Private Client Services, a division of LUCESCU REALTY, a market leading investment real estate services firm, announced the sale of Green Valley Village in Green Valley (Tucson MSA), Arizona for a total consideration of $9.35 Million ($53 PSF); property was 67% occupied at time of sale The seller was Holualoa