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Another Out-of-State Investor Buys Apartment Units in Tucson, Arizona

California Investor Pays Nearly $22 Million To Buy Elevate Apartments
The Elevate apartment complex was built in 1985. (CoStar)
The Elevate apartment complex was built in 1985. (CoStar)
CoStar News
December 29, 2022 | 10:27 P.M.

An apartment complex traded for almost $22 million in Tucson, Arizona, a region where investors have pumped $3 billion into multifamily sales in the past two years.

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