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8225 East Speedway Boulevard

Updated Sep 17, 2025

HSL Properties Acquires 204-Unit Apartment Complex The Vintage In Tucson For $24.45M
SOLDMultiFamily

HSL Properties Acquires 204-Unit Apartment Complex The Vintage In Tucson For $24.45M

8225 East Speedway Boulevard

$24,450,000

Units

204

Asset Type

MultiFamily

Closing

Sep 16, 2025

About this deal

AI

The Vintage is a multi-family property located at 8225 East Speedway Boulevard in Tucson, AZ. It encompasses 204 units and was acquired by HSL Properties for a total price of $24.45 million, translating to approximately $119,853 per unit. The transaction included HSL Properties assuming an existing Freddie Mac loan valued at $12.32 million.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $24,450,000
  • Buyer: HSL Properties
  • Seller: Rincon Partners
  • Broker: Institutional Property Advisors
  • Units: 204
  • Price Per Unit: $119,853

The sale occurred on September 16, 2025, with Institutional Property Advisors facilitating the transaction. This deal highlights the ongoing activity in the Tucson real estate market.

Players

Institutional Property Advisors
Institutional Property AdvisorsBrokerage
HSL Properties
HSL PropertiesBuyer

Tucson MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $119.9K per unit across 204 units on a published $24.5M (2025).

Browse Tucson multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.65%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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