Property Highlights

• 31 Units, Built 2026
• Type: 3-Story, Mid-Rise / Garden Style
• Unit Mix: (2) Studios, (18) 1+1, (11) 2+2
• Average Unit Size: 700 Sq. Ft.
• Current Average Rent: $1,587
• Pro Forma Cap Rate: 5.50%
• Modern Interiors w/ Washer/Dryer
• Offering Below Today’s Replacement Cost
• Located Near Downtown Phoenix, Roosevelt Row, ASU Downtown Campus, and Major Employment Centers
• Current 2-Bedroom Rents Approximately $358 Below Comparable Downtown Product

Location Highlights

• Roosevelt Row Arts District
• The Market at Taylor Place
• Wren & Wolf
• Blanco Cocina + Cantina
• Humble Bistro
• The Kettle Black Kitchen & Pub
• Hanny’s
• Chase Field & Mortgage Matchup Center
• ASU Downtown Campus
• Phoenix Art Museum
• The Van Buren
• Sky Harbor International Airport