Northmarq brokers $32M sale of 312-unit garden-style community in Tucson, AZ

TUCSON, Ariz. — Northmarq’s Phoenix-based Multifamily Investment Sales team — led by Trevor Koskovich, Jesse Hudson, Ryan Boyle and Logan Baca — brokered the $31.734 million sale of Ventura Villas, a 312-unit multifamily community located at 6200 S. Campbell Ave. in Tucson, Arizona.

Northmarq represented the seller, RDM Tucson, LLC. The buyer was Pacific Transwest – Nevada, Inc.

“This transaction underscores the growing momentum of capital flowing into Tucson’s multifamily sector,” said Hudson. “At a price per unit of $101,712, the buyer recognized not only the intrinsic value of Ventura Villas but also the upside potential in a market that’s increasingly favoring value-add strategies.”

Built in 1989, Ventura Villas features one- and two-bedroom apartment homes, averaging 606 square feet. The community features a resort-style swimming pool, basketball court, playground, laundry facilities and more.

Located in South Tucson, the market continues to experience unprecedented job growth and major economic development, fueling demand for multifamily housing.

“Tucson is attracting new attention as one of the top emerging multifamily markets in 2025, and this deal reflects a broader trend: capital seeking disciplined entry points where performance can be improved with focused upgrades, operational efficiencies, and strong underwriting discipline,” Hudson added.