MARCUS & MILLICHAP ARRANGES THE SALE OF A 70-UNIT APARTMENT BUILDING

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Desert Cove, a 70-unit apartment property located in Tucson, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office.

deserty cove

 

The asset sold for $3,120,000.

Hamid Panahi, James Crawley, Cliff David and Steve Gebing, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

Desert Cove is located at 1201 North Alvernon Way in Tucson, AZ.

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