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South Headley Road

Break Of Day Capital Acquires La Posada Apartments Multifamily In Tucson For $22.3M
SOLDMultiFamily

Break Of Day Capital Acquires La Posada Apartments Multifamily In Tucson For $22.3M

South Headley Road

$22,300,000

Building Size

Asset Type

MultiFamily

Closing

Mar 21, 2025

AI

Break of Day Capital acquired a multifamily asset located at 1745 South Headley Road in Tucson, AZ. The property consists of 136 units and was sold for $22,300,000, resulting in a price per unit of $163,971.

Summary of transaction details:

The transaction involved representatives from ABI Multifamily, highlighting a collaborative effort among several brokers in facilitating the sale between Break of Day Capital and Element Property Company.

Players

Alon Shnitzer

Broker

$277.1M

vol

8 deals

Broker
Break of Day Capital
Break of Day CapitalBuyer

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

0.71%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93