The hot streak continues for Tucson’s multifamily market.
California investors bought the 93-unit INDI Tucson apartment complex, at 1920 N. First Ave., for $8 million.
Built in 1972, the property has four two-story buildings on 2.9 acres of land. Amenities include two swimming pools, spa, laundry facilities and outdoor lounge with fire pits.
Buyers were attracted to its proximity to the University of Arizona.
ABI Multifamily’s Alon Shnitzer, Rue Bax, John Kobierowski, Doug Lazovick, and Eddie Chang represented both parties in the sale.
The buyer, APT Capital Group, led by managing partners Kyle Mitchell and Gary Lipsky, is based in California. The seller is a private investment group based in California.
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Low vacancy rates and high demand for rentals have kept investors active in the Tucson area this past year.
Other recent commercial transactions include:
Glenn3 LLC and ASD LLC bought a 10,410-square-foot medical office in the Glenn Medical Center, 5150 E. Glenn St., from Sunrise Properties Leasing LLC for $3.2 million. Richard M. Kleiner, with Picor, represented the seller. Gateway Apartments LP purchased 2.11 acres of commercial land in Oracle Gateway Plaza, on the northeast corner of Oracle Road and Drachman Street, from Oracle Gateway LLC for $1.4 million. Ron Zimmerman, with Picor, represented the seller and Jason Hisey, with Stonecorner Real Estate and Development Inc., represented the buyer. EMZ Equity Group LLC bought the 24-unit North Alvernon Apartments at 2053 N. Alvernon Way, from AZDA LLC for $1.3 million. Allan Mendelsberg and Conrad Martinez, with Picor, represented both parties. CRE Higley Park bought a 14,986-square-foot industrial building in Butterfield Business Center, 4650 S. Butterfield Drive, from Brey Holdings for $1.2 million. Robert C. Glaser and Ron Zimmerman, with Picor, handled the transaction. BRInc Colonial LLC bought the 19-unit Colonial Villas Apartments, 301 E. Helen St., from Shakin Mendelsohn 2004 Trust for $1.1 million. Picor’s Allan Mendelsberg and Conrad Martinez represented both parties. Refrigeration Supplies Distributor bought 14,000 square feet of industrial space at 2101-2103 E. 19th St. from CC Financials LLC for $975,000. Robert C. Glaser and Max Fisher, with Picor, represented the seller. Jason Ward with Cushman & Wakefield, Irvine, represented the buyer. Arizona Oral and Maxillofacial Surgeons bought 0.60 acres of vacant land at 16045 S. Rancho Sahuarita Blvd. from Rancho Sahuarita XX LLC for $550,000. Aaron LaPrise and Dave Hammack, with Picor, represented the seller. Karen Farrell, with Venture West, represented the buyer. TMC Healthcare leased 82,058 square feet of medical office space from HSRE-MPCCA Tucson MOB II LLC, in the El Dorado Health Campus, 1398-1400 N. Wilmot Road. Richard M. Kleiner, with Picor, represented the tenant. Jet Sports LLC leased 6,301 square feet of industrial space at 4221 S. Santa Rita Ave. from Ronald W. Brown Trust. Paul Hooker, with Picor, represented the landlord and Chris Itule, with NAI Horizon, represented the tenant.
Former Star reporter Doug Kreutz made many videos showing off the Tucson area's lovely outdoors. Here are some that will help you soothe your soul.
63 historical photos of the University of Arizona
University of Arizona in history
Updated
Aug 23, 2019
Old Main, the original building on the campus of the University of Arizona.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
University of Arizona students on the steps of Old Main. 1896. HP-168
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
Hushed conversations and the rustling of papers were replaced by silence in the main reading room of the old University of Arizona Library at 1013 E. University Blvd. On Feb. 25, 1977, the building stood empty as its collections had been moved down the street to the new UA library. Construction on the original building was begun in 1924, and cost $475,000. Three subsequent additions to the building brought the square footage up to 97,000, but its library days were over. The Arizona State Museum moved into the space.
Jose Galvez/Arizona Daily Star
University of Arizona in history
Updated
Aug 23, 2019
UA students, circa 1891 to 1900.
Tucson Citizen file photo
University of Arizona in history
Updated
Jan 5, 2018
University of Arizona Old Main 1891. University of Arizona Library Special Collections. HP-165
Photo courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Jan 5, 2018
University of Arizona students spilled out of their fraternities and dormitories for an impromptu snowball fight during the first snowfall in five years, in February 1956. From the book "Jack Sheaffer's Tucson 1945-1965."
Jack Sheaffer
University of Arizona in history
Updated
Aug 23, 2019
The University of Arizona's second official infirmary was a low-slung red-brick building constructed in 1936 on the site of a former military barracks.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
Soldiers training for World War I were among the first to use the University of Arizona's first official infirmary. Started in 1919, the infirmary occupied the former home of Reuben R. Schweitzer. Today, the site is occupied by the Koffler Building.
Courtesy of University of Arizona Special Collections
Robert F. Kennedy visit to Tucson
Updated
Jul 15, 2020
Robert F. Kennedy at the University of Arizona during his campaign tour. March 29, 1968.
Bill Hopkins / Tucson Citizen
University of Arizona in history
Updated
Aug 23, 2019
Students in 1968 exit the UA's infirmary, which underwent a "face lift" the year before that included a new emergency room and accommodations for 50 beds. The building now houses the Sonett Space Sciences Building.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
A 1927 view of the square outside the University of Arizona Main Gate. The drug store stands on the corner of University and Park Avenue.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
The University of Arizona cavalry.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
Members of the athletic staff at the University of Arizona pose on Jan. 11, 1966 at the Washington meeting of the National Collegiate Athletic Association with Secretary of the Interior Stewart Udall and his brother, Rep. Morris Udall, D-Ariz. From left are: Dick Clausen, the University's athletic director; Secretary Udall; Rep. Udall; and Thomas Hall, faculty athletic representative at the Arizona University. The Udall brothers are from Tucson and graduates of the University of Arizona.
ASSOCIATED PRESS
UA athletic directors
Updated
Aug 23, 2019
1914-57 – Hank Leiber with James Fred "Pop" McKale in the 1930s, the University of Arizona's most-famous coach and first official athletic director. During that time he was twice the baseball coach, and served stints as basketball and football coach. He is a charter member of the Arizona Sports Hall of Fame.
UA Special Collections
University of Arizona in history
Updated
Aug 23, 2019
McKale Center from the air in 1976.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
McKale Center under construction on June 9, 1971.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
South Hall, University of Arizona, 1901.
Tucson Citizen file photo
University of Arizona in history
Updated
Jan 5, 2018
Students prepare to whitewash the "A" on Sentinel Peak, also known as "A" Mountain, Sept. 19, 1954.
Tucson Citizen photo
University of Arizona in history
Updated
Jan 5, 2018
U.S. Navy occupied Bear Down Gym during WWII. University of Arizona Library Special Collections. HP-173
Photo courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 29, 2022
Jubilant University of Arizona players hold their NCAA College Baseball World Series trophy over their heads in victory at Omaha, Nebraska, Saturday, June 19, 1976. Arizona defeated Eastern Michigan, 7-1, to take the 30th National NCAA crown. (AP Photo/Larry Stoddard)
Larry Stoddard / Associated Press
University of Arizona in history
Updated
Jan 5, 2018
The empty desert stretches out beyond the 40-acre University of Arizona campus in 1922. The buildings identified are (1) Engineering College, built in 1919; (2) Old Main, built in 1891; and (3) Cochise Hall, a dormitory built in 1922. Today the campus has expanded to 180 acres from Park Avenue area to Campbell Avenue. Speedway cuts diagonally across the pictures. The intersection of Speedway and Campbell is marked.
Tucson Citizen photo
University of Arizona Homecoming
Updated
May 17, 2024
1943: Football was suspended in 1943 and 1944 due to World War II. The Desert yearbook published pages of snapshots of former Wildcats now serving in the military. The campus became home to U.S. Navy cadet pilots, who lived in Yavapai Hall, had classroom instruction campus and flight instruction Gilpin Airfield at Kino and I-10, which is now home to Costco and Walmart.
Courtesy UA Special Collections
University of Arizona in history
Updated
Jan 5, 2018
The Steward Observatory, July 1920. Courtesy University of Arizona library special collections department.
Photo courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Jan 5, 2018
The Steward Observatory circa 1928. Courtesy University of Arizona special collections.
Photo courtesy of University of Arizona Special Collections
UA Rush Week in 1968
Updated
Aug 23, 2019
Sorority sisters pose for a picture during Rush Week at University of Arizona in Sept. 1968.
Jon Goell / Tucson Citizen
University of Arizona in history
Updated
Aug 23, 2019
The Old University of Arizona Library.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Aug 23, 2019
A 1929 view of the square outside the University of Arizona Main Gate looking towards downtown Tucson. The photo was taken from the library's upper floor.
Courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Jan 5, 2018
Nils V. "Swede" Nelson, left, shows Art Luppino the "good sportsmanship" award he will receive at dinner given by the Gridiron Club of Boston on Jan. 8, 1955. Luppino, University of Arizona tailback and one of the highest college scorers the nation has ever produced, was voted the award by sportswriters across the nation. It was the ninth award presented by Nelson, onetime Harvard football great. (AP Photo/Peter J. Carroll)
Peter J. Carroll
University of Arizona in history
Updated
Jan 5, 2018
The beginning of construction of McKale Center dated January 1971, courtesy of the University of Arizona Special Collections.
Photo courtesy of University of Arizona Special Collections
University of Arizona in history
Updated
Jan 5, 2018
Dr. Jack C. Copeland holds a Jarvik-7 artificial heart in the operating room of the University of Arizona Medical Center in Tucson, Ariz., on June 26, 1989. (AP Photo/Steve Mecker)
STEVE MECKER
University of Arizona in history
Updated
Jan 5, 2018
ARCHIVE PHOTO - Aerial view University of Arizona, Bear Down building. February 14, 1929 at 11:05 am.
Arizona Daily Star file photo
University of Arizona in history
Updated
Jan 5, 2018
ARCHIVE PHOTO - Aerial view University of Arizona, Bear Down building and field. Taken at 9:55 am. February 14, 1929.
Tucson Citizen file photo
1997 NCAA Championship: Arizona vs. Kentucky
Updated
Jul 29, 2021
UA coach Lute Olson hold the Division I NCAA Championship trophy with his team from left; Jason Lee, Miles Simon, Jason Terry, Lute, Justin Wessel, and Bennett Davison after they defeated Kentucky in the Final Four in Indianapolis.
David Sanders / Arizona Daily Star 1997
Lute Olson
Updated
Aug 23, 2019
Arizona men's basketball coach Lute Olson holds up the NCAA trophy in front of 30,000 fans inside Arizona stadium at the University of Arizona in Tucson, Ariz., Tuesday, April 1, 1997.
Jeff Robbins / The Associated Press 1997
University of Arizona in history
Updated
Aug 23, 2019
Comedian Jay Leno, right, gives University of Arizona head coach Lute Olson a can of "Lute Spray" for his snow-white hair during a taping of the "Tonight Show With Jay Leno," Wednesday, April 2, 1997, at NBC studios in Burbank, California. Olson and his team won the National Championship at the NCAA on Monday against Kentucky.
Rene Macura / Associated Press
University of Arizona homecoming
Updated
Aug 23, 2019
October 22, 1955 Alpha Xi Delta Sorority
Tucson Citizen file photo
University of Arizona Homecoming
Updated
Aug 23, 2019
Nothing like a little deadline pressure in 1963: Gamma Phi Beta sorority members Carole Martin, left, Jackie Ellis and Sharon Boles prepare parts of their Homecoming float for the next day's parade.
Art Grasberger / Tucson Citizen
Stewart Udall
Updated
Aug 23, 2019
Stewart Udall, secretary of the interior under Pres. Lyndon Johnson, speaks to students at the University of Arizona in October, 1968. Udall was a UA graduate. He was stumping for Sen. Hubert Humprhey, the Democratic nominee running for president against Republic Richard Nixon. Udall was one of history's best interior secretaries, working under presidents Kennedy and Johnson, from 1961-69. His brother Morris "Mo" Udall was the beloved U.S. congressman from Southern Arizona. He son Tom is a U.S. senator from New Mexico.
Bruce Hopkins / Tucson Citizen
Arizona State College
Updated
Aug 23, 2019
Kappa Sigma fraternity members won first place in the 1958 University of Arizona Homecoming Parade “Proposition 200” category with a funeral procession in protest of the controversial ballot initiative to change the name of Arizona State College in Tempe to Arizona State University.
Tucson Citizen
Julian Bond at University of Arizona
Updated
Aug 23, 2019
Civil rights leader Julian Bond ponders a questions while talking in the student union at the University of Arizona on Nov. 21, 1968. "The war in Vietnam takes black young men, in ever larger numbers, so crippled in life that they think it better than living in Harlem. With their white comrades, they burn down houses in a war 8,000 miles from home, but cannot live with whites at home."
Gary Gaynor / Tucson Citizen
Kennedy-Johnson presidential campaign in 1960
Updated
Aug 23, 2019
Lyndon B. Johnson, at the University of Arizona, shepherded social issues through Congress as president, but the GOP took over after he left office.
Bernie Sedley / Tucson Citizen 1960
Sonora Hall at University of Arizona
Updated
Aug 23, 2019
Anne Waaser of Syracuse, NY. checks here snow skis, hoping for a good winter on Mt. Lemmon. Coeds Bonnie Rahod from Oak Park, Ill., Mary Ellen Frost of Munster, Ind., Anne Waaser of Syracuse, NY., and Ann Page of Las Vegas, NV., shared a dorm room at Sonora Hall at the University of Arizona in 1973.
Craig Wellborn / Tucson Citizen
University of Arizona Homecoming
Updated
May 21, 2024
"Flush Marquette" float in the 1957 UA Homecoming parade in downtown Tucson.
Tucson Citizen file
A-7D Corsair II jet fighter crash
Updated
Aug 23, 2019
Davis Monthan Air Force Base firefighters spray the area around the engine of an A-7D Corsair II jet fighter after it crashed near the University of Arizona on October 26, 1978 as it was approaching D-M. It crashed on to North Highland Avenue near East Sixth Street missing Mansfeld Junior High School, background, and the UA. A car carrying two sisters was engulfed in flames killing both women. The pilot safely ejected.
Manuel Miera / Tucson Citizen
College World Series
Updated
Aug 23, 2019
Arizona baseball coach Jerry Kindall, left, celebrates with Chip Hale after Arizona beat Florida State 10-2 on June 9, 1986 to win the NCAA College World Series in Omaha.
Bruce McClelland / Arizona Daily Star
Arizona Wildcats win College World Series
Updated
Dec 30, 2019
Arizona players dog pile on each other following their 4-1 victory over South Carolina in Game 2 to win the NCAA College World Series championship in Omaha, Neb., Monday, June 25, 2012.
Eric Francis / Associated Press
Steve Kerr
Updated
Aug 23, 2019
University of Arizona basketball coach Lute Olson with starting guard Steve Kerr in during a campus celebration of the team's 1988 NCAA Final Four appearance.
Tucson Citizen
Savannah Guthrie
Updated
Aug 23, 2019
Savannah Guthrie in 1992 as a University of Arizona journalism student. The photo was taken for a guest column in the Tucson Citizen.
Tucson Citizen file
Snowball fight
Updated
Aug 23, 2019
A snowball fight on the University of Arizona Mall on March 3, 1976.
P.K. Weis / Tucson Citizen
Anderson Chevron gas station
Updated
Aug 23, 2019
Anderson Chevron gas station at 745 N. Park Ave. was located near the University of Arizona main gate at Third Street on June 25, 1971.
Bruce Hopkins / Tucson Citizen
Graduation
Updated
Aug 23, 2019
University of Arizona students listen to a commencement speaker during ceremonies at Arizona Stadium on June 1, 1966.
Don Brown / Tucson Citizen
UA Stadium
Updated
Aug 23, 2019
Arizona Stadium starts to take shape as 10,000 new seats are added to the west side along Vine Street as part of the University of Arizona's $1.4 million addition to structure on April 16, 1965. The completion date for the addition to the stadium was extended a month to October 2, 1965. The Wildcats were scheduled to play New Mexico after opening the season with three away games against Utah, Kansas and Wyoming.
Ralph Dohme / Tucson Citizen
1965 in Tucson
Updated
Aug 23, 2019
Nearly 1,000 University of Arizona students rioted on May 6, 1965, after male students demanded "panties" at women's dorms. Rocks and bottles were thrown. Sixteen students were arrested.
Jon Kamman / Tucson Citizen
University of Arizona pitcher Taryne Mowatt
Updated
Aug 23, 2019
Pitcher Taryne Mowatt is lifted by teamates after Arizona beat Tennessee during game 3 of their championship series at the 2007 College World Series at ASA Hall of Fame Stadium in Oklahoma City.
James S. Wood / Arizona Daily Star
Donald Trump in Tucson
Updated
Aug 23, 2019
Donald Trump with girlfriend Marla Maples at a University of Arizona basketball game at McKale Center in Tucson on Dec. 27, 1990.
Linda Seeger Salazar / Tucson Citizen
UA computing
Updated
Aug 23, 2019
Bruce Crow, an engineering student from Yuma, breaks down a graph on a analog machine at the University of Arizona on March 7, 1957. Crow can turn the coordinates of the graph into numbers which can be put on a punch card and analyzed.
Tucson Citizen
University of Arizona campus, 1959
Updated
Aug 23, 2019
University of Arizona students walk around campus mixing occasionally with traffic in front of the Social Sciences building in 1959. Tucson Citizen file.
Tucson Citizen
UA commencement
Updated
Aug 23, 2019
University of Arizona graduates seek out friends and family in Arizona Stadium during commencement ceremony on May 31, 1969.
Gary Gaynor / Tucson Citizen
John Hancock Bowl
Updated
Aug 23, 2019
University of Arizona quarterback George Malauulu scores against Baylor during the John Hancock Bowl in El Paso, Texas on Dec 31, 1992. Rick Wiley / Tucson Citizen
Rick Wiley / Tucson Citizen
Famous people who visited Tucson
Updated
Aug 23, 2019
Alabama Gov George Wallace addresses an audience at the University of Arizona on January 9, 1964. Months before he had already announced his intention to be the presidential nominee for the 1964 Democratic Party. A year before, Wallace famously declared during his oath of office as governor,"...segregation now, segregation tomorrow, segregation forever." Photo by Jon Kamman / Tucson Citizen
Jon Kamman/Tucson Citizen
University of Arizona Homecoming
Updated
Aug 23, 2019
UA cheerleaders ride in the back of a 1955 Chevy Bel Air during the 1966 UA Homecoming football game against BYU at Arizona Stadium. It started in 1914, ebbed and flowed through the years due to wars, apathy or societal forces, but it remains strong today: The University of Arizona Homecoming week. See 100 images from 100 years of UA Homecoming at tucson.com/retrotucson
Dave Acton / Tucson Citizen
Information for Tucson Real Estate is compiled from records at the Pima County Recorder’s Office and from brokers. Send information to Gabriela Rico, grico@tucson.com