Joseph Bernard Investment Real Estate Handles Two Multifamily Properties in Tucson

TUCSON, ARIZONA — Eastpointe Apartments at 8477 E Broadway Blvd, Tucson, AZ 85710 sold for $2.76 million ($56,224 per unit) to ZFI LLC, Tucson East LLC, KMS Properties LLC, and Caneel Investments AZ, LLC.

The property consists of 48 one-bedroom units and one two-bedroom unit. Built in 1981 on a 29,000-square-foot lot at Broadway and Sarnoff in Eastside Tucson submarket.

The transaction closed April 30, 2020.

Bradshaw Apartments, the seller, was self-represented and Joe Boyle with Joseph Bernard Investment Real Estate represented the investors.

For more information, Boyle can be contacted at 480.305.5600.

Villa Del Rey Apartments, at 4302 E Fairmount St., Tucson, AZ 85712 sold on May 1, 2020 for $1.955 million ($81,458 per unit) to the Olson Family Trust and Holsinger Family Trust.

The 24-unit property consists of 18 two-bedroom units and 6- three-bedroom units, built in 1979, on a 25,860-square-foot lot.  All units are also individually parceled for future condo conversion.

The seller, ML Investments, LLC and the investors were represented by Jospeh Chaplik of Joseph Bernard Investment Real Estate.

To learn more, Chaplik can be reached at 480.305.5600.