MF Asset Management Acquires 301-Unit Multifamily Property In Tucson, AZ For $53.9M

A multifamily property located at 7700 E Speedway Blvd in Tucson, AZ has been sold in a recent transaction. The property spans across 10 acres and consists of 301 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $53,900,000
• Address: 7700 E Speedway Blvd
• City: Tucson
• State: AZ
• Market: Tucson, AZ
• Acres: 10
• Buyer: MF Asset Management
• Seller: SB Pacific Group
• Brokers: Clint Wadlund, Hamid Panahi, Steve Gebing & Cliff David - Institutional Property Advisors
• Units: 301
• Price Per Unit: $179,070

The deal was facilitated by Clint Wadlund, Hamid Panahi, Steve Gebing, and Cliff David, who represent Institutional Property Advisors. They played a crucial role in connecting the buyer, MF Asset Management, with the seller, SB Pacific Group, in this transaction.