Value add Tucson Multifamily Property Sold in Less than 2 years!
We are excited to announce that we recently sold one of our Tucson properties after exceeding our projected sales price for year 6 in LESS THAN 2 years! Located at 3601 E 2nd Street, Midtown on Second is a workforce housing 42-unit property.
The Break of Day Capital team implemented a value-add strategy which included a major re-branding by painting the exterior with vibrant colors, improved signage and changing the name from Townhouse East Apartments to Midtown on 2nd. We also changed out the sliding front doors and replaced them with French doors, updated interior units including added a premium level and updated amenities upon acquisition.
We are sad to say goodbye but ecstatic for our investors to put their money back to work and continue to grow their wealth on our next project
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