Skip to content
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login

Tierra Alegre Apartments in Tucson Sells for $8.5 Million

  • Home
  • 4th Quarter Sales
  • Tierra Alegre Apartments in Tucson Sells for $8.5 Million
4th Quarter Sales
/
November 22, 2022
/
Karen Schutte
image_pdfimage_print

TUCSON, ARIZONA, Nov. 22,2022 -- Equilibrium Cordova Village LLC, an affiliate of Equilibrium Funding Managers of Tucson,  purchased Tierra Alegre Apartments, at 3355 E. Fort Lowell Rd., in Tucson. The 72-unit apartment property was purchased from Ryder Family Real Estate LLC of Los Alamitos, CA for $8.5 million ($118,055 per unit).

The transaction closed on November 15, 2022.

The 37,684-square-foot investment property, built in 1982, with four 2- story buildings, has a unit mix of studio/1BA (400sf), 1BR/1BA (475sf), 2BR/1Ba (700sf) and amenities include laundry, pool and spa.

Allan Mendelsberg, Principal, and Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.

For more information, Mendelsberg can be contacted at 520.546.2721 and Martinez should be reached at 520.546.2730.

To learn  more, see RED Comp #10310.

Share Now!

Recent Posts

  • LivAway Suites Tucson Breaks Ground on First Southern Arizona Hotel at The Bridges
  • Sun State Builders Goes Vertical on JFN Mechanical Headquarters
  • Scaling Local: Tucson Credit Unions Navigate Growth, Identity, and Scrutiny Amid Mergers
  • Lennar Acquires 58 P&E Lots at Twin Peaks Vista for $1.74M
  • George Oliver Launches Plans for Arbor Old Town, Elevating Office Experience in Scottsdale’s Urban Core

Archives

Copyright © 2025 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top