Tempe,  AZ

1433 S Stanley Place

22 UNITS IN TEMPE OPPORTUNITY ZONE

REI Marketing is pleased to offer for sale Springleaf Apartments, a centrally located, updated garden style apartment in Tempe, Arizona just a half mile from ASU and the bustle of Mill Avenue and located in an OPPORTUNITY ZONE. The community is individually metered for electricity, has individual ground mounted HVAC’s and individual water heaters in each of the units. Springleaf offers 22 cookie cutter one bed/one bath units averaging 585 SF with a galley-style kitchen, full bathroom and living area. All units have been fully refreshed with new stainless steel appliances, updated fixtures and new flooring. Exterior improvements include updated gated pool, refreshed paint and roofs.

NAME

Springleaf

NUMBER OF UNITS

22

YEAR BUILT/RENOVATED

1978/2019

NET RENTABLE SF

12,870 SF

STATUS

Active

PRICE

$2,900,000

PARCEL SIZE

.69 AC