Glenn Dorado | 3839 East Glenn Street, Tucson, AZ 85716 | 28 Units | $2,315,000 | $82,679 Per Unit | $111.73 Per SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ. (April 27, 2022) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,315,000 / $82,679 Per Unit / $111.73 Per SF sale of Glenn Dorado, a 28-unit multifamily apartment community located in Tucson, Arizona. ABI Multifamily's Ryan Kippes represented the buyer in this transaction.
The buyer is based in California and the seller is based in Arizona.
Glenn Dorado is a 28-unit garden-style apartment community located in East Central Tucson, AZ. Built in 1980, the property consists of five two-story rental buildings constructed of wood frame, stucco, and flat roofing resting on a 1.24-acre site.
The unit mix consists of 28 two-bedroom / one-bathroom units, measuring 740 SF each. The property is individually metered for electricity with individual hot water heaters. The community features a single on-site laundry facility.
Situated just north of East Glenn Street between North Dodge Boulevard and North Alvernon Way, residents enjoy direct access to all areas of Tucson by way of these major thoroughfares as well as Interstate-10, Interstate-19, and Oracle Road (State Route 77). The University of Arizona (U of A) is less than a 10-minute drive from Glenn Dorado, making the property a convenient commute for employees and students alike.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Tucson, Sacramento, and San Diego, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.