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2520-2526 E Glenn St
Tucson, AZ 85716
Glenn Villas · Multifamily Property For Sale
·
6 Units


Investment Highlights
- Prime-location - Near UofA
- In-place property management
- Dishwashers
- Turn-key operations
- Washer/dryer in unit
- Private backyards
Executive Summary
Glenn Villas offers a compelling turn-key investment with meaningful operational and slight value-add upside. Ideally positioned near Campbell Plaza and just minutes from The University of Arizona and University Medical Center, this well-maintained 6-unit community is well-located to capitalize on sustained rental demand and long-term rent growth.
The property features a desirable unit mix of (6) 2-bedroom / 1-bathroom units. Units have received light interior upgrades, while a clear opportunity remains to further renovate units and push rents toward market levels. Upgrades throughout show modernized kitchens with new paint, updated cabinetry, and refreshed flooring. Durable tile flooring is featured throughout all units. Residents benefit from in-unit laundry, dishwashers and air-conditioning and assigned covered parking, enhancing tenant retention and overall marketability. The property is complemented by well-maintained walkways and landscaped common areas, fostering a cohesive, community-oriented environment.
Current ownership covers utilities including water, sewer, and trash; however, new ownership has the opportunity to improve expense efficiency by implementing a RUBS program, allowing some utility expenses to tenants for improved operational efficiency and enhanced net operating income.
Located in close proximity to The University of Arizona, Glenn Villas is well-positioned to attract students and young professionals seeking centrally located, off-campus housing. Strong demand fundamentals, a proven unit layout, and below-market in-place rents create an immediate and investment upside, making Glenn Villas an attractive opportunity for investors seeking both near-term income growth and long-term value appreciation.
The property features a desirable unit mix of (6) 2-bedroom / 1-bathroom units. Units have received light interior upgrades, while a clear opportunity remains to further renovate units and push rents toward market levels. Upgrades throughout show modernized kitchens with new paint, updated cabinetry, and refreshed flooring. Durable tile flooring is featured throughout all units. Residents benefit from in-unit laundry, dishwashers and air-conditioning and assigned covered parking, enhancing tenant retention and overall marketability. The property is complemented by well-maintained walkways and landscaped common areas, fostering a cohesive, community-oriented environment.
Current ownership covers utilities including water, sewer, and trash; however, new ownership has the opportunity to improve expense efficiency by implementing a RUBS program, allowing some utility expenses to tenants for improved operational efficiency and enhanced net operating income.
Located in close proximity to The University of Arizona, Glenn Villas is well-positioned to attract students and young professionals seeking centrally located, off-campus housing. Strong demand fundamentals, a proven unit layout, and below-market in-place rents create an immediate and investment upside, making Glenn Villas an attractive opportunity for investors seeking both near-term income growth and long-term value appreciation.
Property Facts
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Cap Rate | 6.71% | Building Size | 4,470 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1982 |
| Apartment Style | Low-Rise | Parking Ratio | 3.13/1,000 SF |
| Zoning | R2 | ||
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 6.71% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 4,470 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 3.13/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Oven
- Yard
- Dining Room
- Island Kitchen
- Lawn
- Pantry
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 745 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $38,303 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$38,303
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