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:
- 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.
Players
Tucson MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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