Mayfair Manor & Shadow Pines

Posted: 2/27/2013
SOLD
240 Units
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About Mayfair Manor & Shadow Pines

All offers are due by Thursday, April 4, 2013 at 12:00 PM (PDT). If you have not already done so, we would urge you to schedule a property tour. PICOR Commercial Real Estate Services and Cushman & Wakefield are pleased to present the opportunity to purchase Mayfair Manor Apartments (140 units) and Shadow Pines Apartments (100 units) both located in Tucson, Arizona. The properties may be purchased together or separately. MAYFAIR MANOR Price: $5,500,000 Price/Unit: $39,285 Price/SF: $51.29 Cap Rate: 7.0% SHADOW PINES Price: $3,725,000 Price/Unit: $37,250 Price/SF: $51.13 Cap Rate: 6.8%