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Three Apartment Deals in Tucson sell for $4.15 million.

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  • Three Apartment Deals in Tucson sell for $4.15 million.
1st Quarter Sales,News
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February 14, 2020
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Karen Schutte
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Fort Lowell Place Apartments

TUCSON, Arizona -- Joseph Bernard Investment Real Estate closed on three multifamily properties in Tucson this week with an aggregate sale price of $4.15 million for 79 units.

Fort Lowell Place with 40 unit apartment complex at 3475 E Fort Lowell Rd., Tucson, AZ 85716 sold for $2.05 million ($51,250 per unit) to Dash II Investments. Joseph Chaplik of Joseph Bernard Investment Real Estate represented the investor. The seller, Winged Foot Investment Services Limited Partnership, LLLP & JHR Investment Services Limited Partnership, LLLP were self-represented in the transaction.

Mohave Apartments

Mohave Apartments, with 32 units at 610 E Mohave Rd., Tucson, AZ 85705 sold for $1.65 million ($51,563 per unit) to Joseph Chaplik of Joseph Bernard Investment Real Estate. Chaplik represented himself in the transaction. The seller, Winged Foot Investment Services Limited Partnership, LLLP & JHR Investment Services Limited Partnership, LLLP were self-represented in the transaction.

A third property at E 30th St., Tucson, AZ 85711 with 7 units sold to Dash II Investment, LLC for $450,000 ($64,286 per unit). Joseph Chaplik of Joseph Bernard Investment Real Estate represented the investor. The seller, Winged Foot Investment Services Limited Partnership, LLLP & JHR Investment Services Limited Partnership, LLLP were self-represented in the transaction.

For more information, Chaplik should be reached at 480 305-5600.

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