Search
 

Tuscany at Chandler Changes Owners in $1.7-Mil Deal

CHANDLER, AZ-Tempe investor Dick Berry has bought the 42-unit Tuscany at Chandler Apartments from another Tempe investor, Sean O'Carroll. The complex is located in a Phoenix suburb, with higher rent and vacancy than the rest of the Valley.

By D.J. Burrough | Updated on August 09, 2001

CHANDLER, AZ-A local investor has finalized a $1.7-million buy of the 42-unit Tuscany at Chandler Apartments. Seller Sean O’Carroll of Tempe is getting nearly $39,000 per unit in the transaction.

Private investor Dick Berry, also based in Tempe, has latched onto a holding in a suburb, where vacancy is about 7%, slightly above that recorded for the entire Valley. Tuscany at Chandler Apartments is located at 625 N. Alma School Rd. It is situated midway between Ray Road and Chandler Boulevard and two miles from the Price Freeway section of Loop 101. It’s also within two miles of the soon-to-open Chandler Fashion Mall, which has attracted scores of retailers, shops and restaurants to the area along the freeway’s path.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.