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 […]
Tanque Verde Apartments in Tucson Sell for $26.5 Million for 428-Units Read More »
Forecasted population growth projected to complement firm’s long-term investment strategy Tucson, Arizona – Northland Investment Corporation, one of the top privately held multifamily owner and operators in the country, announced its acquisition of Villas at San Dorado, 10730 N Oracle Rd, in the Tucson, Arizona suburb of Oro Valley. Northland now owns 27 properties in
TUCSON, Arizona – Capistrano Apartments at 2929 E 6th Street in Tucson sold for $8.6 million ($76,786 per unit) to Daybreak 112 Partners, LLC and CAP 112 Partners, LLC c/o Scotia Group Management of Tucson (Rob Aronoff, CEO) that will handle the management of property. The 112-units are mostly studios and 1-bedrooms with an average
Capistrano Apts. and College Town Student Housing Sell for $16.92 Million Read More »