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ASU Tempe 4
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1312-1320 W 5th St
$1,150,000
  Tempe, 85281
  Cross Streets: Priest & Mill
  Top Notch ASU Tempe Area   More like homes over apts  
  Huge all 2 bedroom mix   Many upgrades  
  $1700/unit average rents   Two duplexes-four units total  
  Close to a 6 CAP    
MLS #: 6830355
Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to Old Town Scottsdale. In an OZ. Hard to find & bigger than the competition all 2 bedroom unit mix (822sf/unit). Stabilized close to 6 CAP +/-. Long-term, local owners have pride of ownership. Many recent renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic features to value-add further. Excellent rents in place from $1795-$1595. Flexible month-to-month leases. The complex offers more amenities than the competition, including carport parking, fenced front yards with private back patios, individual laundry/ storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments. The kind of investment you're proud to own.
For more info contact:
Cass (James) Stephens
SJ Fowler Investment RE
6360 E. Brown Rd
Mesa, AZ 85205
602-672-3526
www.phoenixmulti-family.com