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8215 North Oracle Road
SOLD

John Stoops Acquires Peak At Oro Valley Multifamily For $59.8M

8215 North Oracle Road

MultiFamily
clock iconSold 129 days ago
Clint Wadlund
Steve Gebing
Hamid Panahi
+ 2
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Summary

Sale
ARIZONA
MultiFamily

The multifamily property located at 8215 North Oracle Road in Oro Valley, AZ, was recently sold for $59,800,000. The asset, known as Peak at Oro Valley, comprises 330 units, equating to a per-unit price of $181,212. The sale was completed between the buyer, John Stoops, an affiliate of AHC Funds, and the seller, APRA Capital LLC.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $59,800,000
  • Units: 330
  • Price Per Unit: $181,212
  • Address: 8215 North Oracle Road
  • Market: Oro Valley, AZ

The deal was facilitated by the team of brokers from Institutional Property Advisors - Marcus & Millichap, namely Cliff David, Clint Wadlund, Hamid Panahi, and Steve Gebing. Their expertise played a crucial role in finalizing the transaction, representing both the buyer and the seller effectively.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Clint Wadlund's profile picture
Clint Wadlund
Institutional Property Advisors-image
Senior Vice President
$457.6M Sold
Hamid Panahi's profile picture

Details

Deal Summary
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SOLD
IMAGE: John Stoops, Cliff David, Clint Wadlund, Hamid Panahi & Steve Gebing DATE: 03/12/2024 ADDRESS: 8215 North Oracle Road MARKET: Oro Valley, AZ ASSET TYPE: Multifamily BUYER: John Stoops - Affiliate of AHC Funds SELLER: APRA Capital LLC BROKERS: Cliff David, Clint Wadlund, Hamid Panahi & Steve Gebing - Institutional Property Advisors -Marcus & Millichap (@MarcusMillichap_Houston) SALE PRICE: $59,800,000 UNITS: 330 ~ PPU: $181,212 NOTE: AHC Funds affiliate acquires Peak at Oro Valley, a 330-unit apartment complex in Tucson, Arizona, for $59.8 million, marking a price of $181,212 per unit.

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Address8215 North Oracle Road

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