Share This Listing

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 184 Garden-Style Units, Built in 1980
  • Individually Metered for Electricity
  • Under Current Ownership Since 2016
  • Attractive Mix of One (57.6%) & Two-Bedroom (42.4%) Unit Types
  • Value-Add Opportunity (Majority Classic Units - 81%)
  • All Cash / New Loan

Executive Summary

Green Leaf at Broadway Apartments is a 184-unit, multifamily community located in the Southeast submarket of Tucson, AZ. Situated on East Broadway Boulevard just east of South Camino Seco, the property is located within walking distance to a Walmart Neighborhood Market and Albertson’s, just under eight miles from Davis-Monthan Airforce Base and Saguaro National Park, and approximately one mile to the University of Arizona Campus. A multitude of neighborhood conveniences, services, and entertainment options are located just under four miles to the west at the Park Place Mall which include Round1 Bowling & Arcade, Dillard’s, Cinemark Century movie theater, Total Wine & More, and Yardhouse.
Green Leaf at Broadway Apartments features a total of ten two-story buildings built in 1980 resting on a single ±4.35-acre parcel of land. The property features a unit mix which consists of 106 one-bedroom / one-bathroom units and 78 two-bedroom / one-and-a-half bathroom units with a weighted 677 SF average. Interior amenities include master air conditioning / heating, patio and balcony, walk-in closet, ceiling fans, vinyl wood flooring, extra storage, high speed internet, and kitchens fully equipped with refrigerator, dishwasher, oven and range, and garbage disposal. Select units are equipped with fireplaces and microwaves. Community amenities include swimming pool and spa, two laundry facilities, pet park, clubhouse, fitness center, indoor basketball court, barbecue grills and picnic area, and open and covered parking.
Significant employers in proximity to the property include Park Place Mall, University of Arizona, Raytheon, Davis-Monthan Air Force Base, and Tucson Medical Center.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $21,000,000
Price Per Unit $114,130
Sale Type Investment
No. Units 184
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.65 AC
Building Size 124,488 SF
Average Occupancy 92%
No. Stories 2
Year Built/Renovated 1980/2015
Parking Ratio 2.02/1,000 SF
Zoning R-3, Tucson

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Heating
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Walk-In Closets

Site Amenities

  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Spa
  • Basketball Court
  • Grill
  • Laundry Service
  • Pet Play Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 104 - 418 - 591
1+1.5 2 - 857
2+1.5 78 - 857
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 133-31-156A
  • 133-31-159P
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$689,118
  • Listing ID: 40147542

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 8880 E Broadway Blvd, Tucson, AZ 85710

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}