Updated Oct 16, 2025
J And J Glenn East SFR LLC And J And J Glenn East LLC Acquire Tucson Multifamily Asset For $4.4M
2315 East Glenn Street & 2333 East Glenn Street
$4,400,000
$71/SF
Building Size
30,820 SF
Asset Type
MultiFamily
Closing
Oct 15, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily complex located at 2315 & 2333 East Glenn Street in Tucson, AZ. It sold for $4,400,000, comprising 47 units within a total square footage of 30,820. The price per unit was calculated at $93,617, and the price per square foot stands at $143.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,400,000
- Units: 47
- Square Footage: 30,820
- Price Per Unit: $93,617
- Price Per Square Foot: $143
- Buyer: J and J Glenn East SFR LLC & J and J Glenn East LLC
- Seller: LO PLA LLC & Glenn East LLC
- Brokers: Allan Mendelsberg & Joey Martinez - Cushman & Wakefield | PICOR
The transaction involved key individuals and companies including the buyers, J and J Glenn East SFR LLC and J and J Glenn East LLC, who acquired the property from sellers LO PLA LLC and Glenn East LLC. The deal was brokered by Allan Mendelsberg and Joey Martinez from Cushman & Wakefield | PICOR.
Players
Tucson MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93