Equinox on 5th Apartments is a 64-unit, multifamily community located in the East Central Tucson submarket of Tucson, AZ. Situated on East 5th Street just west of North Alvernon Way, the property is located approximately a block away from Reid Park, just under two miles from the University of Arizona campus and Park Place Mall, four miles from Downtown Tucson, and eight miles from the Tucson International Airport. A variety of shopping, dining, and entertainment options are available nearby at both the El Con Center Mall and Park Place Mall which includes Dillard’s, Total Wine & More, Forever 21, Sephora, Banana Republic, Old Navy, Yard House, Round1 Bowling & Arcade, and Cinemark Century movie theater.
The Equinox on 5th Apartments features a total of 10 buildings of different vintages and constructions on four parcels all with recent renovations applied between 2019 - 2020. The property features an overall unit mix which consists of 5 studio units, 34 one-bedroom / one-bathroom units, 20 two-bedroom / one-bathroom units, 2 two-bedroom / two-bathroom units, and 3 three-bedroom / two-bathroom units with a weighted 679 SF average. Select units including washer / dryer and large patio / balcony. Unit interiors feature air conditioning / heating, large windows, and fully equipped kitchens with energy efficient refrigerators, oven / stove, microwave, dishwasher, and garbage disposal. Select units have received extensive upgrades which include white shaker cabinetry, quartz countertops, wood-style flooring, and ceiling fans.The community amenities include swimming pool, two laundry facilities, dog park, courtyard and ramada, gas barbecue grills with picnic area, attached rental office, and ample open and covered parking.
The single-story building on the west side of the property located between 3701 - 3715 East 5th Street contains 7 units and was built in 1947 with brick construction with flat roofing. This building is master-metered for electricity, water, hot water, and gas with individually metered HVACs.
The two two-story buildings in the middle parcel located on 3727 East 5th Street consists of 38 units and were built in 1968 with cinderblock construction and flat roofing. These buildings are master-metered for electricity, water, hot water, and gas with individually metered HVACs.
The eastern-most third parcel on 3737 & 3745 East 5th Street houses the remaining seven buildings which includes one fourplex, one eightplex, six casitas, and one single family home. The fourth parcel to the north of the property contains the dog park and additional parking spaces.
The fourplex was built in 1986 with wood frame construction, stucco exterior finishes, and pitched shingle roofing. The units are individually metered for electricity, hot water, gas, and feature individual HVACs. Water is master metered.
The eightplex was built in 1986 with wood frame construction, stucco exterior finishes, and pitched shingle roofing. The units are individually metered for electricity and feature individual HVACs. Water, Gas, and hot water are master metered.
The six casitas are split between four buildings (two stand alone and two combined) all built in 1959 of wood frame construction, stucco exterior finishes, and flat roofing. The units are individually metered for electricity, hot water, gas, and feature individual HVAC’s. Water is master metered.
The single family home was constructed in 1959 of wood frame construction, stucco exterior finishes, and flat roofing. The home is individually metered for water, gas, and hot water. Water is master metered.
Significant employers in proximity to the property include Banner University Medical Center, Tucson Medical Center, Texas Instruments, Caterpillar, ADP Tucson, and the University of Arizona.