1226-1234 E Spence Ave., Tempe, AZ 85281

INVESTORS, DEVELOPERS, 1031 EXCHANGE - PRIME TEMPE LOCATION! A Unique 13-Unit Garden Apartment community committed to sustainable practices and cooperative living with fellow ASU graduate students. The 1st NAHB Green Certified Apt Project in the USA. The site is zoned R-4 and within the City of Tempe Transit Oriented Development corridor allowing for additional density; 16 units upon redevelopment. All leases have been renewed at current market rates and expire 7/31/2019. 3 buildings - APN 133-09-007A, 133-09-008A, 133-09-009.