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Multifamily

Palomar

Tucson, AZ

142 Units

Built in 1988

Value Add

Investment Highlights

  • Palomar is a 142-unit multifamily community, built in 1988, located in proximity to over 1.7 million square feet of retail within a 5-mile radius.
  • Palomar presents a rare opportunity for an investor to add and additional 90 units to vacant land (4.0 acres), situated on the existing parcel.
  • Current ownership implemented a programmatic interior renovation scope inclusive of 124 units. Homogenous enhancements were performed to 119 units and 5 units received premium-level enhancements.

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