TUCSON, AZ (April 22, 2026) — Victoria Arms Apartments, a 25-unit multifamily property at 1518 E. Hendrick Drive in Central Tucson, sold for $2.9 million on April 13 in an investment sale. The transaction equates to $116,000 per unit and $150.65 per square foot.
Built in 1975, the masonry complex totals 19,250 square feet on 1.7 acres and consists of five one-story buildings. The property includes 25 two-bedroom, one-bath units and offers amenities such as individually fenced yards, a pool, and laundry facilities.
The seller was G and B Holdings LLC of Castle Rock, Colorado, and the buyer was Christopher R. Cotler of Scottsdale. The deal included seller carryback financing…