Strong Submarket Demographics:
Proven Value-Add Opportunity
Over the last 18 months, current ownership has renovated a majority of the property’s exterior and common areas. Additionally, 48% of the unit interiors have been renovated, resulting in an average monthly rental increase of $202 (In-Place Actual Rent for occupied units). A buyer has the opportunity to continue renovations to the exterior and common areas, and interior renovations to the remaining 220 units and drive rents even more.
Entrada, with its beautifully manicured landscaping, offers residents a great north location, close to an abundance of retail, employment, and entertainment, along with easy-access to Rillito Regional Park and The Loop.
*In Select Units
Senior Managing Director
© 2018 Berkadia
2 E Congress St #1050, Tucson, AZ 85701