TUCSON, Arizona — Delectables Restaurant & Catering (Donna DiFiore, owner) sold 533 N. Fourth Ave. in downtown Tucson recently for $1.48 million ($310 PSF) ending a 44-year run downtown. Difiore is transitioning the business into a catering-only business and paid $342,000 ($127 PSF) for the building at 427 E Limberlost Dr. for this purpose. The […]
TUCSON, Arizona — High demand in the Tucson multifamily market saw cap rates tick up slightly this quarter by 2.57%; from a Q1 average of 8.55% to a Q2 average-to-date of 8.77% based on all multifamily property sales. There doesn’t seem to be any slowdown in sight as sales volume remained about the same quarter
Long Realty Negotiates $3.5 Million in Four Tucson Multifamily Properties Read More »
MARANA, AZ — Taking its name from one of the longest living trees in the Arizona desert, the 129,000-acre Ironwood Forest National Monument, a true Sonoran Desert showcase, is expanding. Arizona Land and Water Trust (Diana Freshwater, president) recently secured 602 additional acres for $963,000 ($1,599 per acre). Keeping company with the ironwood trees are
Ironwood Forest National Monument Adds 602 Acres of Sonoran Desert to Showcase Read More »