TUCSON, AZ (October 30, 2024) Ridge Rock Residences LLC of Scottsdale purchased Twenty Lofts on Tenth, a 20-unit apartment complex located at 824 E. 10th St., in Tucson sold for $3,175,000 ($158,750 per unit).
The 8,835-square-foot complex, built in 1962, was purchased from The Twenty Lofts on Tenth, LLC or Tucson.
The transaction closed on October 24, 2024.
Both parties were represented by Allan Mendelsberg and Joey Martinez, Principals and multifamily specialists with Cushman & Wakefield | PICOR.
In a second transaction, Nido4, LLC of California purchased Mission at Mohave, a 24-unit apartment complex at 319 E. Mohave Rd., in Tucson for $2,400,000 ($100,000 per unit).
The 14,560-square-foot complex, built in 1981, was purchased from JRJS West Sac Investors LLC, also from California.
Both parties were represented by Allan Mendelsberg and Joey Martinez, Principals and multifamily Specialists with Cushman & Wakefield | PICOR.
The transaction closed on October 22, 2024.
For more information, Mendelsberg can be reached at 520.546.2730 and Martinez is at 520.546.2730.
To learn more, subscribers can refer to RED Comp #11546 and #11544.