Tucson Apartment Still Hot


Via tucson.com

Tucson’s multifamily market is maintaining its hot streak as investors continue to snap up properties — a trend that began last year.

Villa Delano Apartments, a 32-unit complex at 123 W. Delano St., has been bought by private Arizona investors for $1.85 million.

“The entire downtown/university submarket has witnessed sustained private and public investment over the last several years,” Parsons said. “The buyer hopes to capitalize on this growing trend.”


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