TUCSON, AZ (April 2, 2026) — Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving institutional clients, announced the sale of Brookwood, a 272-unit multifamily community at 201 S. Kolb Rd. in Tucson, for $28.25 million.
The March 19 investment sale works out to about $103,860 per unit and $138.76 per square foot for the 203,586-square-foot property, which sits on 9.93 acres. The seller was VP Brookwood LLC, c/o Stoneweg US LLC of St. Petersburg, Florida. The buyer was AndMark Brookwood Apartments LLC, c/o AndMark Investment Fund VII LLC of Los Angeles.
Marcus & Millichap’s Tucson office, working through IPA, handled the listing. Clint Wadlund and Hamid Panahi represented the seller and procured the buyer…