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Multifamily

Sunnyslope

150 Hardy Road, Oro Valley, AZ 85704

Listing Price: Request For Offer

Number of Units
42
Gross SF
22,795

Investment Overview

MULTIFAMILY ASSET OFFERS UNIQUE DESERT LANDSCAPE ENCOMPASSED BY BREATHTAKING MOUNTAIN VISTAS WITH VALUE-ADD OPPORTUNITY AVAILABLE THROUGH CONTINUED INERIOR RENOVATIONS
Immersed within the affluent desert landscape of the desirable Oro Valley region, Sunnyslope commands a prime position with direct access to the rapidly evolving professional + lifestyle amenities of north Tucson. Sunnyslope, a 42-unit multifamily investment opportunity, offers well-designed studio and one-bedroom apartment homes. Current ownership recently executed on a programmatic renovation program that includes 26 renovated units featuring fully equipped kitchens with white cabinetry, modern brushed nickel lighting and plumbing fixtures, quartz countertops, and vinyl wood-style flooring.

Apartment interiors also feature washers and dryers (6 of 26 units), spacious walk-in closets with built-in shelving, and private front patios or balconies. The beautifully maintained walkways and recently Xeriscape courtyard provide a social, welcoming community ambiance enhanced with a putting green, swimming pool, and picnic area with a barbeque grill. Additional community amenities include a newly installed EV charging station and a laundry facility. New ownership will have the opportunity to reposition the living space of the remaining 15 classic units with a potential to generate $250 per unit monthly rent premiums.

Investment Highlights

  • High Barriers to Entry Due to Land Scarcity: Oro Valley's multifamily pipeline is shrinking, offering competitive shelter to existing properties as development opportunities decrease.
  • Notable Demographics: Within a 5-mile radius of Sunnyslope, average and median household income are ±$110,986 and ±$77,654, respectively, supported by ±73% white-collar professionals.
  • Endless Retail within Proximity: Residents at Sunnyslope are embraced by a sprawling ±2.8 million square feet of retail, presenting an abundance of shopping, dining, and entertainment options.

Exclusively Listed By

Multifamily

Sunnyslope

Listing Price: Request For Offer

Number of Units
42
Gross SF
22,795

Investment Highlights

  • High Barriers to Entry Due to Land Scarcity: Oro Valley's multifamily pipeline is shrinking, offering competitive shelter to existing properties as development opportunities decrease.
  • Notable Demographics: Within a 5-mile radius of Sunnyslope, average and median household income are ±$110,986 and ±$77,654, respectively, supported by ±73% white-collar professionals.
  • Endless Retail within Proximity: Residents at Sunnyslope are embraced by a sprawling ±2.8 million square feet of retail, presenting an abundance of shopping, dining, and entertainment options.

Investment Overview

MULTIFAMILY ASSET OFFERS UNIQUE DESERT LANDSCAPE ENCOMPASSED BY BREATHTAKING MOUNTAIN VISTAS WITH VALUE-ADD OPPORTUNITY AVAILABLE THROUGH CONTINUED INERIOR RENOVATIONS Immersed within the affluent desert landscape of the desirable Oro Valley region, Sunnyslope commands a prime position with direct access to the rapidly evolving professional + lifestyle amenities of north Tucson. Sunnyslope, a 42-unit multifamily investment opportunity, offers well-designed studio and one-bedroom apartment homes. Current ownership recently executed on a programmatic renovation program that includes 26 renovated units featuring fully equipped kitchens with white cabinetry, modern brushed nickel lighting and plumbing fixtures, quartz countertops, and vinyl wood-style flooring. Apartment interiors also feature washers and dryers (6 of 26 units), spacious walk-in closets with built-in shelving, and private front patios or balconies. The beautifully maintained walkways and recently Xeriscape courtyard provide a social, welcoming community ambiance enhanced with a putting green, swimming pool, and picnic area with a barbeque grill. Additional community amenities include a newly installed EV charging station and a laundry facility. New ownership will have the opportunity to reposition the living space of the remaining 15 classic units with a potential to generate $250 per unit monthly rent premiums.

Exclusively Listed By

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