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AHC Funds has acquired The Peak at Oro Valley, a 330-unit multifamily asset in Tucson, Ariz., for $59.8 million from APRA Capital, public records show. The buyer also assumed the existing $44.1 million Fannie Mae loan originated by Walker & Dunlop last May. Institutional Property Advisors brokered the transaction. APRA had purchased the property in 2021 for $54.5 million from HSL Properties. Constructed in two phases, in 1984 and 1994, the community comprises 23 buildings spread across 15 acres. The unit mix features one-, two- and three-bedroom floorplans ranging between 638 and 1,219 square feet.