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1335 West Saint Mary's Road

Hamid Panahi & Clint Wadlund Of Marcus & Millichap Facilitate $10.7M Sale Of Multifamily Property In Tucson
SOLDMultiFamily

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

Hamid Panahi

Institutional Property Advisors

Broker

$686M

vol

12 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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