Hamid Panahi & Clint Wadlund Of Marcus & Millichap Facilitate $10.7M Sale Of Multifamily Property In Tucson
1335 West Saint Mary's Road
$10,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 26, 2025
AI
A multifamily property located at 1335 West Saint Mary's Road in Tucson, AZ, was sold for $10,700,000. The asset consists of 84 units, resulting in a per unit price of $127,381.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,700,000
- Address: 1335 West Saint Mary's Road
- Market: Tucson, AZ
- Units: 84
- Price Per Unit: $127,381
Broker representatives Hamid Panahi and Clint Wadlund from Marcus & Millichap facilitated the transaction, representing both the buyer and the seller in the sale of the multifamily property known as Westside Commons.
Players
Tucson MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93