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.”

 

Read more…

Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.