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yardz on kolb

about this investment

Acquisition Date:

December, 2016

Disposition Date:

January, 2020

Purchase Price:


Total Equity:


Leverage on Acquisition:


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Yardz on Kolb is a 410-unit multi-family complex located in East Tucson, Arizona. The property offers a mix of one, two and three-bedroom units ranging from 470 to 1,123 square feet. The pristine property is ideally located across the street from Eastpoint Marketplace, which has multiple dining and shopping options.

Additionally, the Yardz on Kolb is located just east of historic downtown Tucson, which offers a vibrant mix of shopping, dining and entertainment. Saguaro Nation Park East is less than a 15-minute drive from the property.

The Yardz on Kolb was identified as a value-add opportunity based upon its potential for better management . Enhancements to the unit mix, base building functionality and operational efficiencies provided additional value to the investment.