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Cushman & Wakefield Facilitates $1.6M Sale Of 10th Street Apartments In Tucson With 804 E 10th LLC Acquiring The Property

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SOLD
$1,600,000

Arizona

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MultiFamily36,720 SF
Sold 12/11/2023
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Property Image
SOLD

Cushman & Wakefield Facilitates $1.6M Sale Of 10th Street Apartments In Tucson With 804 E 10th LLC Acquiring The Property

804 East 10th Street, 814 East 10th Street, 858 East 10th Street & 870 East 10th Street

See Similar Deals
MultiFamily36,720 SF
Sold 12/11/2023
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Summary

ARIZONA
Asset Type:MultiFamily
Price Per Square Foot:$43
Total Square Footage:36,720 SF
Transaction Type:Sale

The 10th Street Apartments in Tucson, Arizona have been sold for a price of $1.6 million. The property, located at 804, 814, and 858-870 E. 10th St., consists of 12 apartments with a total square footage of 9,180. The sale price translates to approximately $133,333 per unit and $174 per square foot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Units: 12
  • Price per Unit: $133,333
  • Square Footage: 9,180
  • Price per Square Foot: $174

The sale of the 10th Street Apartments was facilitated by Cushman & Wakefield | PICOR. The buyer, 804 E 10th LLC, acquired the property from 10th Street 12 LLC. The transaction was represented by Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR, who acted on behalf of both parties involved.

NOTE: Cushman & Wakefield | PICOR played a crucial role in the sale of 10th Street Apartments. The transaction involved the acquisition of the property by 804 E 10th LLC from 10th Street 12 LLC for $1.6 million. Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR represented both the buyer and the seller in this deal.

Players

Allan Mendelsberg
9 deals$29.3M volume
BROKER

Joey Martinez
Cushman & Wakefield
9 deals$27.7M volume(520) 546-2730
BROKER

Details

SOLD
IMAGE: Allan Mendelsberg & Joey Martinez DATE: 12/11/2023 ADDRESS: 804, 814, 858 & 870 East 10th Street MARKET: Tucson, AZ ASSET TYPE: Multifamily BROKERS: Allan Mendelsberg & Joey Martinez - Cushman & Wakefield SALE PRICE: $1,600,000 UNITS: 12 ~ PPU: $133,333 SF: 9,180 ~ PPSF: $174 NOTE: Cushman & Wakefield | PICOR has facilitated the sale of 10th Street Apartments in Tucson, with 804 E 10th LLC acquiring the residential property from 10th Street 12 LLC for $1.6 million. The 9,180-square-foot property, situated at 804, 814, and 858-870 E. 10th St., comprises 12 apartments, and the transaction was represented by Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR on behalf of both parties.

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