92-unit apartment community with a two-story garden style layout.51% of the units have been beautifully renovated. Verrano Park is an ideal investment for the prudent investor. This two-story, garden-style community is 96% occupied and offers a peaceful, tranquil atmosphere—a lush oasis in the desert. It recently underwent a beautiful renovation, with 51% of the units and the leasing office upgraded. There is an excellent opportunity for steady income and additional upside potential by completing renovations on the remaining 45 classic units, with rent premiums budgeted at $150 per unit—bringing the cap rate into the 7% range. This infill location is surrounded by major employers, including Davis-Monthan Air Force Base (1.9 miles, 11,000 employees), Raytheon (8.6 miles, 12,000 employees), and St. Joseph’s Hospital (3.2 miles). Tucson is a growing center for medical, research, and high-tech industries, as well as a key hub for aerospace and defense. In recent years, Downtown Tucson and the University of Arizona—a Tier 1 research university—have experienced tremendous growth. Both are located approximately 8.4 miles from Verrano Park.