West 5th Street

JLL is pleased to introduce West 5th, a 44-unit extensively renovated boutique apartment community located in the vibrant North Tempe submarket. The Property is situated on the southwest corner of Roosevelt Street & 5th Street, and features an attractive unit mix of all two bedroom, two-bathroom floor plans that average 945 square feet.

The Property was built in 1973 and extensively renovated and re-positioned in 2016. 100% of the units have been renovated and features contemporary interiors with premium finishes including upgraded kitchens, baths, appliances, and-flooring. West 5th also features an array of community amenities including a sparkling swimming pool, dog walk area, a fitness center, outdoor kitchen, covered parking, and security access gates.

With a strategic location in a well-located neighborhood, West 5th benefits from its proximity to various amenities, including restaurants, shopping centers, and recreational facilities. Its convenient access to Interstate 10, Loop 202, and Sky Harbor International Airport, make the Property an attractive option for renters looking for easy accessibility. West 5th presents a compelling investment opportunity with its superb location, extensive renovations and the potential for steady rental income and substantial long-term value appreciation. In addition, this pride of ownership offering represents the premier choice for investors seeking stability, low future operating costs and ease of management.