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Glenn Dorado 3839 E Glenn St

28 Unit Block of Flats £2,425,595 (£86,628/Unit) Tucson, AZ 85716

Investment Highlights

  • 28 Total Units, Built 1980
  • Located in Highly Desirable East Central Tucson, Close to Trendy Restaurants as Well as the University of Arizona
  • On-Site Laundry Room
  • All Two-Bedroom / One-Bathroom Units, 740 SF
  • Individually Metered for Electricity
  • Offers Due on Wednesday December 11th, 2024

Executive Summary

Glenn Dorado is a 28-unit, two-story apartment community located in East Central Tucson and in close proximity to the Tucson Botanical Gardens, Brandi Fenton Memorial Park, the River Path, and within five miles of the University of Arizona. Completed in 1980, the property features all two-bedroom / one-bathroom units of approximately 740 SF. The property is individually metered for electricity and has individual hot water heaters. The interiors feature all tile flooring and new cabinetry in the kitchens. Amenities include an on-site laundry room as well as a pet play area. New owners have the opportunity to add value through replacement of the current evaporative cooling system with air conditioning thereby allowing for an increase in rents. In addition, current rents are below market with many tenants on month-to-month leases providing an opportunity to easily increase rents to the current market rate.

Property Facts

Price £2,425,595
Price Per Unit £86,628
Sale Type Investment
No. Units 28
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.24 AC
Building Size 20,720 SF
Number of Floors 2
Year Built 1980
Parking Ratio 2.41/1,000 SF

Amenities

  • Ventilation - Venting

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • 24 Hour Access
  • Laundry Service
  • Pet Play Area
  • Online Services

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 28 - 740
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
111-06-203A
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£77,686

zoning

Zoning Code R-2
R-2
  • Listing ID: 33110664

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 3839 E Glenn St, Tucson, AZ 85716

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