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

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:

• Property Type: Multifamily
• Transaction Amount: $22,300,000
• Address: 1745 South Headley Road
• Market: Tucson, AZ
• Units: 136
• Price Per Unit: $163,971
• Buyer: Break of Day Capital
• Seller: Element Property Company
• Brokers: Alon Shnitzer, Rue Bax, Desiree Palmer, Doug Lazovick, Eddie Chang, Ryan Kippes & Tyler Bruggman - ABI Multifamily

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.