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Copper Creek Multifamily Property In Tucson Sold For $11.1M With Marcus & Millichap Representation
SOLD
$11,100,000
Arizona
See Similar DealsMultiFamily
Sold 03/16/2026
SOLD
Copper Creek Multifamily Property In Tucson Sold For $11.1M With Marcus & Millichap Representation
6666 East Golf Links Road
See Similar DealsMultiFamily
Sold 03/16/2026
Summary
ARIZONA
Asset Type:MultiFamily
Transaction Type:Sale
The transaction involved the sale of a multifamily property located at 6666 East Golf Links Road in Tucson, AZ. The asset, known as Copper Creek, consists of 99 units and was sold for $11,100,000, resulting in a price per unit of $112,121.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $11,100,000
- Units: 99
- Price Per Unit: $112,121
- Market: Tucson, AZ
The deal was facilitated by Clint Wadlund and Hamid Panahi from Institutional Property Advisors, who represented both the buyer and the seller in this transaction.
Players
BUYER
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$592,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,435.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,619.66
Annual Debt Service$631,435.96
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