MC Companies Closes on 14.4 Acres for New Luxury Apartments in Marana

Real Estate Daily

An affiliate of MC Companies (Ross McCallister, principal), Silverbell Gateway Apartments, purchased 14.4 acres at 7300 N Silverbell Road, in Marana for $2.55 million ($4.07 PSF) from Prestwick Properties of Tucson (Douglas Kennedy, manager).

The development team of MC Companies is excited about this new opportunity to build luxury apartments and grow their existing portfolio.  The town of Marana is fast growing, and this offering will add to the much-needed mix of luxury apartment homes for residents that rent by choice for the convenience and modern amenities that this demographic has come to expect.

This area has undergone much development in the past few years with new parks and connectivity to the Tortolita Mountain trail system.  The Town has also made significant investments in the functionality of the Ina commercial area. The Ina Road Beautification project makes this location even more appealing to residents in the area. The project includes new asphalt pavement, fresh landscaping in the right of way, new street lights, sidewalks, accessibility ramps and fiber optic cables.

Continued: