TUCSON, AZ (Oct. 14, 2026) — Two Tucson apartments totaling 55 units sold for a combined $2.56 million in related transactions that closed September 30, 2026. The portfolio included Delano and Balboa Apartments and Flower and Columbus Apartments, with an overall purchase price of approximately $46,545 per unit.
Allan Mendelsberg and Joey Martinez, principals and multifamily specialists with Cushman & Wakefield | PICOR, represented both buyers and sellers in the transactions.
Grace Development & Investments LLC purchased the 26-unit Flower and Columbus Apartments at 2647–2651 N. Columbus Boulevard and 4253 E. Flower Street for $1.5 million, or approximately $57,692 per unit. The seller was Equilibrium Flower Columbus OZ LLC…