604 South Roosevelt Street Tempe, AZ 85281

$1,795,000
$1,795,000
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Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrantcampus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiatedmultifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades.Delivered in 1955, the asset is ideally situated to capture sustained demand generated by ASU'ssizable student enrollment, along with the growing concentration of young professionals drivingmomentum in North Tempe and around Tempe Town Lake, each within a short one-mile distance.The scarcity of comparable boutique, garden-style communities in a submarket experiencinglayered growth dynamics positions Roosevelt Place as a highly attractive acquisition prospect.

Located just steps from one of the Valley's busiest commuter routes and adjacent to the vibrantcampus of Arizona State University, Roosevelt Place (''the Property'') offers a differentiatedmultifamily opportunity highlighted by its refreshed exterior and high-end interior upgrades.Delivered in 1955, the asset is ideally situated to capture sustained demand generated by ASU'ssizable student enrollment, along with the growing concentration of young professionals drivingmomentum in North Tempe and around Tempe Town Lake, each within a short one-mile distance.The scarcity of comparable boutique, garden-style communities in a submarket experiencinglayered growth dynamics positions Roosevelt Place as a highly attractive acquisition prospect.

  • Neighborhood
  • Type
  • County
    Maricopa
  • Area
    Tempe
  • Tax Amount
    $3,089
  • Status
    Active
  • Listing #
    6993853
  • Built
    1955
  • Listed on site
    90 days
  • Listing Agent Phone
    480-600-2626

Listed by:
Marcus & Millichap

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool
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