Glenn Dorado

• 28 total units, built in 1980
• All two-bedroom/one bath units, 740 SF
• Located in highly desirable East Central Tucson, close to trendy restaurants as well as the University of Arizona
• Individually metered for electricity
• On-site laundry room
• Value add opportunity with below market rents and multiple tenants on month to month leases
• Offered all cash/new loan

Property Description

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 and the River Path and within 5 miles of the University of Arizona. Completed in 1980, the property features all two bedroom/one bath 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 small management office. 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. For additional information, please register for our document vault at https://www.abimultifamily.com/?a=07E603CBFBBE142515&/glenn-dorado