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Avilla Sabino I & II Sells for $42.3 Million, Hits Highest Price Per Unit for Tucson

Highest per unit price recorded for non-student housing with 40+ units in the Tucson TUCSON, ARIZONA – Alta Vista Communities of Tucson, an affiliate of Aerie Development (Roger Karber, manager) sold Avilla I & Avilla II luxury communities on the southeast and southwest corners of River and Sabino Canyon Roads in Tucson for $42.3 million […]

Avilla Sabino I & II Sells for $42.3 Million, Hits Highest Price Per Unit for Tucson Read More »

Mission Palms Apartment in Northwest Tucson Sells for $37.25 Million

TUCSON, ARIZONA — Berkadia recently handled the $37.25 million ($103.472 per unit) sale of Mission Palms, a garden-style multifamily property located in Tucson, Arizona. Senior Managing Director Art Wadlund and Associate Director Clint Wadlund of the Tucson office represented both the buyer, ROC Senior Living, and the seller, Stoneweg US LLC. The deal closed on

Mission Palms Apartment in Northwest Tucson Sells for $37.25 Million Read More »

Berkadia Negotiates Sale of Two Apartment Communities in Tucson for $16.28 Million

TUCSON, Arizona – A joint venture between two Swiss real estate companies, Stoneweg US LLC and Varia US Southwest LLC, bought the Zona Village Apartments at 2855 W Anklam Road in Tucson for $10.05 million ($54,918 per unit) from SFF Investments, Ltd. of Colorado. The 183-unit apartment complex was built in 1969 and consists of

Berkadia Negotiates Sale of Two Apartment Communities in Tucson for $16.28 Million Read More »

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