The Lakes

A 144-Unit Apartment Community

Great East-Central Employment Location


reasons to purchase

Major Medical Nearby

The Lakes is in an ideal location close to major medical, less than one-half mile from Tucson’s largest hospital, Tucson Medical Center. Additionally, there are multiple medical offices and surgery centers nearby.

Reasons to Purchase

Senior Community

The Lakes is an age-restricted, 55+ community, although the property is not deed restricted for this age group. A buyer may want to consider the pros and cons of leasing to all age groups. This strategy may increase income.

Lack of New Multifamily Construction

There are no current or planned multifamily construction in The Lakes submarket. Tucson ranks as one of the lowest markets in new construction as a percentage of existing inventory for Market Rate properties.

Investment Highlights


  • Desirable east-central location
  • Close to two major hospitals and surrounding medical offices
  • Excellent historic occupancy
  • 55+ community
  • Gated community
  • Pitched roofs

Investment Advisors & mortgage advisor

Art Wadlund

Senior Managing Director


Clint Wadlund




Edward Kim

Managing Director




2 East Congress Street, Suite 1050

Tucson, AZ 85701

Phone: 520.299.7200

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