SOLD
John Stoops Acquires Peak At Oro Valley Multifamily For $59.8M
8215 North Oracle Road
MultiFamily
Sold 46 days ago
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
Details
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.View on map
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Address8215 North Oracle Road
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