Luna Villa

JLL is proud to present Luna Villa, a distinctive 288-unit community in Glendale, Arizona, offering a stabilized asset with additional value-add upside. The Property consists of 24 buildings across 3 parcels, featuring a diverse unit mix with an average size of 835 square feet. The Property was constructed in 1973 and was partially renovated by current ownership. Renovated interior units feature premium finishes which include white shaker cabinetry with brushed nickel hardware, elegant hardwood-style flooring, stainless steel appliances, decorative tile backsplashes and in-suite washer/dryer.

Luna Villa is ideally situated in a desirable area of Glendale, a city experiencing rapid growth and development with billions of dollars being invested in recent and ongoing projects throughout the city. Glendale’s strong population growth, coupled with its diversifying economy (particularly in healthcare and manufacturing sectors) and limited new housing development, creates a solid foundation for sustained rental demand. Luna Villa provides a compelling investment opportunity to buy a partially renovated asset within an affordable submarket that is well positioned for future rental increases.