Tucson, Four Apartment Sales Totaling $34.2M Mark End of Month
Tucson apartment sales were persistent through May with over $110 million in aggregate sales represented in 2,543 units transferring in 32 transactions. Cap rates trended lower this month again and are hovering at 5% average on the thirteen 40+ unit apartments and higher at around 8% average on the nineteen smaller apartment units. Tucson-based, Holualoa …
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