Berkadia negotiates sale of two apartment communities in Tucson for $16.28 million

Zona Village Apartments/Real Estate News Daily

Real Estate Daily News

TUCSON, Arizona – A joint venture between two Swiss real estate companies, Stoneweg US LLC and Varia US Southwest LLC, bought the Zona Village Apartments at 2855 W Anklam Road in Tucson for $10.05 million ($54,918 per unit) from SFF Investments, Ltd. of Colorado.

The 183-unit apartment complex was built in 1969 and consists of 24 one-, two- and three-story, garden-style buildings, totaling approximately 98,366-square-feet of rentable space on 5.72 acres, located southwest of Anklam and Silverbell Roads.

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