Delano & Balboa Apartments Buys and Balboa Apartments in Phoenix

Reported Oct 14, 2026 · Source: Real Estate Daily News

Source: Real Estate Daily NewsRead the full report at Real Estate Daily News ↗

Deal details

Buyer
Delano & Balboa Apartments LLC
Seller
Equilibrium Villas LLC
Price
$1.06M
Size
29 units
Price per unit
$36,552 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Tucson
Metro
Phoenix
Reported date
Oct 14, 2026

Summary

In the companion transaction, Delano & Balboa Apartments LLC acquired the 29-unit Delano and Balboa Apartments at 219 E. Delano Street and 2432 N. Balboa Avenue for $1.06 million, or approximately $36,552 per unit. The portfolio included Delano and Balboa Apartments and Flower and Columbus Apartments, with an overall purchase price of approximately $46,545 per unit.

Summarized from the article; the quoted lines below are from the article itself.

Source: Real Estate Daily News

Read the full report at Real Estate Daily News. What the article says:

  • Deal / Buyer
    The portfolio included Delano and Balboa Apartments and Flower and Columbus Apartments, with an overall purchase price of approximately $46,545 per unit.
  • Deal / Price / Size / Buyer
    In the companion transaction, Delano & Balboa Apartments LLC acquired the 29-unit Delano and Balboa Apartments at 219 E. Delano Street and 2432 N. Balboa Avenue for $1.06 million, or approximately $36,552 per unit.
  • Seller
    Equilibrium Villas LLC, associated with Equilibrium Real Estate Investments, was the seller.

Article date: 2026-10-14T01:00:37-07:00

Frequently asked questions

Who bought Delano and Balboa Apartments?
Delano & Balboa Apartments LLC bought Delano and Balboa Apartments in Tucson, Phoenix, according to Real Estate Daily News.
How much did Delano and Balboa Apartments sell for?
The reported price is $1.06M, per Real Estate Daily News.
Who sold Delano and Balboa Apartments?
The seller was Equilibrium Villas LLC, per Real Estate Daily News.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.