Glen Park is an 88-unit multifamily property located at 6301 North 64th Drive in Glendale, Arizona. The property was originally built in 1972 and boast a very desirable unit mix of one-, two-, and three-bedroom units. The $3,495,000 loan secured by Tower Capital provided the borrower with close to $1,764,000 cash out which was used to recoup costs of already completed capital improvements and with additional funds to be applied towards other investment opportunities.
