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2315 East Glenn Street

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
SOLDMultiFamily

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

Allan Mendelsberg

Cushman & Wakefield

Broker

$29.3M

vol

9 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Tucson MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $71 per square foot on a published $4.4M for 61,640 square feet (2025).

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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

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