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Los Angeles Investor Pays Nearly Triple Last Selling Price for Tucson Apartments

Out-of-State Buyer Activity Drives Multifamily Sales in College Town to Record Levels
Paseo Del Sol in Tucson, Arizona, was built in 1994. (Kristen Rademacher/CoStar)
Paseo Del Sol in Tucson, Arizona, was built in 1994. (Kristen Rademacher/CoStar)
CoStar News
March 23, 2022 | 11:20 P.M.

A Los Angeles multifamily investor bought the 152-unit Paseo Del Sol apartments in Tucson, Arizona, from another L.A.-based company for $33.7 million, nearly three times the property's selling price just over three years ago.

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