TUCSON—Hendricks-Berkadia announces the sale of Brookwood, located at201 South Kolb Rd. The 272-unit apartment community was sold for $11.5 million.
Built in 1973, the two-story, garden-style apartment community offers one- andtwo-bedroom floor plans. The community amenities include a clubhouse, billiards table, heated swimming pool, spa, three laundry facilities and volleyball court.
The seller was Desert Pines Properties, LLC, an affiliate of HSL Properties of Tucson; the buyer was Summit Brookwood I, LLC and Pacific Brookwood, LLC, an affiliate of Summit Equities of Los Angeles, CA.
Art Wadlund and Clint Wadlund of the Tucson office of Hendricks-Berkadia negotiated the transaction.
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