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Tanque Verde Apartments in Tucson Sell for $26.5 Million for 428-Units

TUCSON, Arizona — CBRE has completed the sale of the Tanque Verde Apartment complex, 428-unit multifamily community located at 7671 E. Tanque Verde Road in Tucson, Ariz. The multifamily asset sold for $26.5 million ($61,916 per unit). The property was 96 percent leased at time of sale. Michael Sandahl with CBRE’s Tucson office, along with […]

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$21.3 Million Sale of Tanque Verde Apartments in Tucson

Phoenix, Ariz. – CBRE has completed the sale of the Tanque Verde Apartment complex, 428-unit multifamily community located at 7671 E. Tanque Verde Road in Tucson, Ariz. The multifamily asset sold for $21.3 million ($49,766 per unit). The property was 94 percent leased at time of sale. Michael Sandahl and Wyatt Campbell with CBRE’s Tucson

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