Thayer Manca Residential Adds 338-Unit Multifamily Property in Tucson to Arizona Portfolio
TUCSON, ARIZ. — Thayer Manca Residential (TMR) has purchased Desert Shadows, an apartment property located in Tucson. Located at 7425 N. Mona Lisa Road, Desert Shadows features 338 apartments.
TMR plans a $6.8 million renovation and repositioning plan includes a marketing rebrand, upgrades to the common area amenity package and interior renovations to the units.
TMR acquired the 368-unit Circ Tucson in 2019 and the 424-unit Envii Apartments in 2020.