Tucson, Ariz. — Nelson Partners Student Housing has acquired Sol y Luna, a 977-bed student housing community serving the University of Arizona in Tucson, for $200 million. The 14-story property was developed in 2013, and features 341 units alongside 9,140 square feet of retail space. The community offers one-, two-, three-, four- and five-bedroom, fully furnished apartments. Shared amenities include an outdoor television lounge, a rooftop pool, hot tub, steam room, fitness center, yoga and dance studio, an outdoor study area, a computer lounge and private study spaces. TSB Realty brokered the acquisition of the community. The seller in the transaction was undisclosed.
Nelson Partners Acquires 977-Bed Community Near the University of Arizona for $200 Million