The Flats at Julian Drew Block Condos in Downtown Now for Sale
December 6, 2013
The Flats at Julian Drew Block Condominiums, at 128 S 5th Avenue, are now listed for individual sale. The property has 53 studio and one bedroom units available, starting in the low $100,000’s and are available for purchase through Tierra Antigua Realty Downtown, at 216 E Congress.
Each unit is modernized with new windows and front doors, HVAC units, plumbing fixtures, cabinets, and recessed lighting. The three floor property is gated with each unit overlooking a large courtyard with pool, spa, bike racks and barbeque area.
Michael Keith, CEO of Downtown Tucson Partnership, says this kind of project has been needed for a very long time. “The conversion of the Flats at Julian Drew into hip, urban, condos represents a turning point for Downtown Tucson. The fact that buyers can not only be part of one of the hottest Downtown districts in the west, but can actually own an appreciating asset in the center of our amazing redevelopment district is astonishing. That their mortgage payments will be comparable to area rents is even more astonishing. You have to think that these 53 units will be completely sold out in a couple of months.”
Michael Guymon, Vice President of Regional Development for TREO, “Successful and economically viable communities share a common thread: downtowns that provide live, work and play opportunities. From a housing perspective, those successful downtowns include diverse options that allow for rental and ownership. This project brings an important ownership opportunity to those looking to invest in Tucson’s downtown.”
Two model units are available to view daily from 9am to 5pm by appointment. For more information on purchasing a unit at The Flats at Julian Drew Block, contact Tierra Antigua Realty Downtown at 520-314-8855 or visit the website.