1/16/2009

Tucson apartment community sells for $5.3 million

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A privately-held company from Tucson, Ariz., has purchased the Pantano Villas in Tucson for $5.3 million.

The seller, Pantano Coastal of LaJolla, Calif., was represented in the transaction by Hendricks & Partners. The buyer was 260 Pantano of Tucson.

The Pantano Villas is located at 260 Pantano Rd. and contains 127 units. The property sold for $41,732 per unit.

Address: 260 Pantano Rd., Tucson, Ariz.

Size: 127 units

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Filed Under: Multi-Family

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