TUCSON, AZ (December 6, 2023) -- Hark Investors, LLC and Rancho Rillito LLC purchased the 19,510 square feet of space at 3801 N. Swan Rd. in Tucson from Damian Community LLC for $1.94 million ($99.44 PSF).
Long-time Tucson residents Gary Roberts, Adrienne Crump, and Darel and Tamie Harrison are new owners of this historic property on the Rillito River. The property offers 15 apartment homes across a sprawling 7-acre desert oasis with a lap-size pool, hot tub, sports court, and community clubhouse.
In honor of its one-time use as a 46-acre historic guest ranch called El Rancho Rillito from 1946 to 1954, the apartment community is now called Rancho Rillito. The new owners aim to preserve the property and maximize its natural landscape's beauty for the residents' enjoyment and use.
Rob Tomlinson, Principal and Retail Specialist with Cushman & Wakefield | PICOR represented the seller. Gary Roberts, Managing Partner of the Roberts & Norris Team with Long Realty Company, represented the buyer.
For more information, Tomlinson should be reached at 520.546.2757, and Roberts can be contacted at 520.574.0952.
To learn more, see RED Comp #10985.