Tucson Real Estate: National company adds 5th local apartment complex to its portfolio
Arizona Star Daily
August 26, 2019
By Gabriela Rico
One of the country’s largest apartment owners has bought its fifth complex in the Tucson area.
Newton, Mass.-based Northland Investment Corp. recently added Pima Canyon Apartments to its portfolio. The sale price was $44.8 million, records from the Pima County Recorder’s Office show.
Pima Canyon is a new complex on Orange Grove Road, just west of Oracle Road, with 240 units.
Pima Canyon is a gated community and the units have 10-foot ceilings and several amenities on site. It also has room for a second phase of development, which would add an additional 50 units.