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Florida Firm Buys Arizona Apartment Complex for $65 Million

Complex Built in Tuscon in the 1970s Likely To Undergo Interior Renovation
Brokers said the buyer of the Yardz on Kolb apartments near central Tucson, Arizona, will likely renovate unit interiors. (CoStar)
Brokers said the buyer of the Yardz on Kolb apartments near central Tucson, Arizona, will likely renovate unit interiors. (CoStar)
CoStar News
January 12, 2022 | 1:53 AM

A Florida multifamily investment firm paid $65 million, about $160,000 per unit, for Yardz on Kolb, a 410-unit apartment complex in Tucson, Arizona's East Side neighborhood.

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