Pueblo Springs

Multifamily

Address
3003 North Alvernon, Tucson, AZ 85712
Status
Sold
Date Purchased

07/31/2018

Unit Count
75 units

Overview

Pueblo Springs was purchased directly from the owner. This property was more of a management play. The crime at the property was high at purchase. We quickly vacated around 50% of the units to reduce crime and to complete the value add process of interior turns. We worked with the local police crime free officers to successfully reduce crime on the property.

Key Details

Ownership
Site Size
Year built
Date Sold 10/26/2020
Value Add New management, Increased rents and implemented RUBS, New cooling tower, Low flow toilet program
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