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$5,100,000
6170361 MLS
Brix is a 24-unit, garden-style condominium community located withinthree blocks of Arizona State University's Main Campus in Tempe. Brixwas built in 1981 of wood frame construction with a painted stuccoexterior and pitched roofs. Brix has an attractive mix of one and twobedroomunit types. Every condominium enjoys a private backyard orbalcony and the convenience of an in-suite washer and dryer. Recentupdates included modern interior finishes with new shaker cabinets,solid surface counters, tile backsplash, and stainless-steel appliances.Every condominium enjoys energy-efficient dual pane windows, slidingglass doors, and ceiling fans. Tenant amenities include controlledaccess, gated entry, on-site maintenance, a BBQ area with ramada,and a swimming pool. All units are individually metered for electricity and hot water. Brix is located within walking distance of the Valley Metro Light Rail and multiple "Orbit" shuttle bus stations, which provides free rides connecting people to Downtown Tempe and other employment, retail, and entertainment venues within the city. Numerous dining and shopping options are in close proximity to the property including Tempe Marketplace, one of the most popular destinations in the Phoenix Metro, with 1.3 million square feet housing over 100 local and national retailers and restaurants. The Brix community enjoys the pedestrian and bike-friendly streets of Tempe and its proximity to the Loop 101 and 202 Freeways offers quick access to Scottsdale, Downtown Phoenix, and Phoenix Sky Harbor International Airport. Significant employers in proximity to the property include Arizona State University, State Farm, Salt River Project, Honeywell, Express Scripts, and First Solar.

1424 S Jentilly Lane, Tempe

$6,400,000
6143749 MLS
Park Terrace is a 40-unit, garden-style apartment community located within two blocks of Arizona State University's Tempe Campus where more than 50,000 ''in-person'' students are enrolled. Park Terrace is adjacent to the Valley Metro Light Rail and is on the ''Orbit'' shuttle route, which provides free rides connecting people to Downtown Tempe and other employment, retail, and entertainment venues within the city. Additionally, numerous dining and shopping options are in close proximity to the property including Tempe Marketplace, one of the most popular destinations in the Phoenix Metro, with 1.3 Million square feet housing over 100 local and national retailers and restaurants. Significant employers in proximity to the property include Arizona State University, State Farm, Salt River Project, Honeywell, Express Scripts, and First Solar. All of these aspects make Park Terrace a highly desirable community for all of its residents. Park Terrace has an attractive mix of one and two-bedroom unit types. All units are individually metered for electricity. Park Terrace is an irreplaceable asset in an iconic multifamily neighborhood offering tenants the convenience of an on-site laundry facility and covered parking while being located within walking distance of Arizona State University. The property offers the investor a unique value-add opportunity through additional interior and exterior renovations located on a parcel zoned R-4 with seven-story student housing properties on two sides.

1011 E Orange Street, Tempe

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