November 21, 2024 9:25 pm
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$21M sale of Tucson 428 apartment units

Tanque Verde apartment complex, 428-unit community at 7671 E. Tanque Verde Rd. in Tucson.
Tanque Verde apartment complex, 428-unit community at 7671 E. Tanque Verde Rd. in Tucson.

By Kristian Seemeyer | GlobeSt.com

Photo: Tanque Verde apartment complex, 428-unit community at 7671 E. Tanque Verde Rd. in Tucson.

CBRE has completed the sale of the Tanque Verde apartment complex, 428-unit multifamily community located at 7671 E. Tanque Verde Rd. in Tucson. The multifamily asset sold for $21.3 million. The property was 94% leased at time of sale

Michael Sandahl and Wyatt Campbell with CBRE’s Tucson office, along with Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office, represented the seller, Holualoa Companies of Tucson. The buyer was North Salt Lake-based Chartwell Capital Partners, LLC.

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