Two Office Condos Sell In REO at Magee Center Condos

Magee Center, 2292 W Magee
Magee Center, 2292 W Magee

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On 3/27/2013 Two office condos sold as investment sales at Magee Center Office Condominium, 2292 West Magee Road Suites #230 & 270 in Northwest Tucson for

[mepr-show rules=”58038″]$250,000 ($117 PSF). The transaction was a short sale, the seller, Devkey, LLC of North Las Vegas.

Both suites were leased at time of sale, Del Oro Realty in Suite 230 and Executive Pest Control in Suite 270.

With this purchase, the buyer, John Kai of Tucson owns seven suites at Magee Center and reported three currently vacant. The complex was reported to be 85% economically occupied at time of sale and 50% physically vacant.

John Hamner of Keller Williams represented the seller in the transaction.

Hamner can be reached at (520) 907-0030.

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