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Special Listing Cond: N/A

Add'l Property Use: Other

Master Bathroom: Other (See Remarks)

Fireplace Features: Other

Pool Features: No Pool

Spa: None

Dining Area: Other (See Remarks)

Kitchen Features: None

Laundry: Other; See Remarks

Construction: Brick; Other

Const - Finish: Other (See Remarks)

Roofing: Other

Cooling: See Remarks

Heating: See Remarks

Utilities: Other (See Remarks)

Water Source: City Water

Sewer: Sewer - Public

Services: City Services

Fencing: Chain Link; Other

Landscaping: None

Lockbox Type: None

Possession: Close of Escrow; Subject To Tenant Rights

Association Fee Incl: Other (See Remarks)

Existing 1st Loan: Other (See Remarks)

New Financing: Cash; Conventional; 1031 Exchange

Disclosures: Other (See Remarks)

8th & Roosevelt is an awesome value-add / development opportunity in the heart of Downtown Phoenix. The property is located just east of 7th Street right off of Roosevelt in the heart of the gentrifying Garfield Historic District. Roosevelt and 7th Street is the east entrance to the happening Roosevelt Row district in the epicenter of Downtown Phoenix. It is minutes to the stadium district and a short bike ride / walk to the downtown ASU campus, Phoenix Burton Barr Library, and the Phoenix Art Museum. It is also minutes to Margaret T. Hance Park, which is the location of hundreds of activities including the McDowell Mountain Music Festival and many weekend food / craft festivals throughout the year. It is approximately a half mile to the I-10 Freeway to allow quick and easy access to all parts of the valley. This location is as central is it gets and allows residents to enjoy, with ease, so much of what Downtown and Midtown have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes, 8th & Roosevelt Redevelopment Opportunity will prove to be a great place for residents to live as well as will be a very attractive parcel for a future class-A redevelopment in an A location. Phoenix is consistently on every national list for net influx of people and jobs, and the downtown area is expected to continue to explode with huge job growth in many different sectors; with Arizona State University's downtown campus rapidly expanding (already over 11,000 students and rapidly growing); with massive amounts of biotech investment and development in the area (the new Creighton University is approximately 2 miles away in midtown; the Phoenix Biomedical HUB is a couple blocks away; the stadium district is minutes away; the warehouse district is exploding around the corner to the south; and more). Opportunities like 8th & Roosevelt are rare and offer an investor a great value-add opportunity in one of the most active and desirable areas in the country.