Tides at East Glendale

CALL FOR OFFERS  3.15.2023

• 430-Unit Garden Style asset located in Phoenix, AZ

• The community features covered parking, a swimming pool, business center, basketball court,
dog park, and fitness center

• Ownership invested over $5.5 million into capital improvements and deferred maintenance including interior upgrades, landscaping, exterior paint, roofing, HVAC, plumbing, electrical and common area improvements including the fitness
center, courtyards, and pool area

• The asset is poised for continued significant revenue growth via organic market rent increases
and recapturing loss to lease Current market rents at the property are as much
as $301 below submarket competitors