Break Of Day Capital Acquires 300-Unit River Oaks Apartment Community In Tucson For $33 Million

The transaction involves a multifamily asset located at 7730 East Broadway Boulevard, Tucson, AZ. The property, known as River Oaks, consists of 300 residential units and was built in 1982. The total sale price for the asset was $33 million, which equates to $110,000 per unit.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $33,000,000
• Units: 300
• Price Per Unit: $110,000
• Buyer: Break of Day Capital
• Seller: Affiliate of Stoneweg
• Transaction Date: 05/12/2026
• Market: Tucson, AZ

Break of Day Capital is the buyer in this transaction, acquiring the property from an affiliate of Stoneweg. The acquisition of the River Oaks apartment community reflects Break of Day Capital's investment strategy in multifamily real estate assets.