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Marcus & Millichap Arranges sale of Santuario a 70-Unit Apartment Building in Tucson

2nd Quarter Sales, Archive / By

TUCSON, Arizona – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Santuario, a 70-unit apartment property located in Tucson, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix and Tucson offices. The asset sold for […]

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$20.5 Million Buys Tucson Value-Add Multifamily Asset

1st Quarter Sales, Archive / By

TUCSON, Arizona– Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) announces the sale of River Oaks Apartments, a 300-unit apartment complex in Tucson, Arizona. The $20.5 million sales price equates to $68,333 per unit. Completed in 1982, River Oaks features a mix of studio, one-, and two-bedroom apartment homes with a

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The Ledges at West Campus in Tucson Sold for $23 Million

4th Quarter Sales, Archive / By

TUCSON, Arizona — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) announces the sale of The Ledges at West Campus, a 205-unit apartment property in Tucson, Arizona. The $23 million sales price equates to $112,195 per unit. “Previous ownership improved the presentation of the property and minimized capital cost exposure for

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