AndMark Management Company Acquires 272-Unit Brookwood Apartments In Tucson For $28.25M From Stoneweg US

The multifamily asset involved in this transaction is the Brookwood apartments, comprising 272 units located at 201 South Kolb Road, Tucson, AZ. The sale was completed for a total price of $28,250,000, which translates to $103,860 per unit.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,250,000
• Units: 272
• Price Per Unit: $103,860
• Buyer: AndMark Management Company
• Seller: Stoneweg US

AndMark Management Company acquired the property from an affiliate of Stoneweg US. This transaction highlights the involvement of these key entities in the multifamily housing sector in Tucson.