Portfolio Sale - Can Be Sold Together or Separately 2205 S Mill Ave (8 Units): $1,300,000 2211 S Mill Ave (Office): $550,000 Portfolio List Price: $1,850,000 2205-2211 S Mill Ave consists of an 8-unit apartment community and a 2,203 square foot building located in Tempe, AZ. The properties were originally constructed in 1959 (apartments) and 1974 (office) and sit on two separate lots measuring 10,064 each (20,128 sq. ft. total). They were previously master leased by a local non-profit organization at $17k/month on a NNN structure but are now currently vacant. Since the properties are separately parceled, they can be sold together as a portfolio or separately. 2205-2211 S Mill Ave presents an intriguing value-add opportunity, where new ownership can acquire either one or two well-located assets with significant upside through a similar master lease program or market rate tenants. Situated just south of the intersection of Mill Ave and Broadway Rd, 2205-2211 S Mill Ave sits approximately 1-2 miles from Arizona State University Tempe Campus which is one of the country’s largest public universities with over 100,000 students (online + on-campus). Nearby to the north on Mill Ave, you will also find plenty of dining, entertainment and nightlife options as well as public transit. University students and faculty population create strong rental demand which sets this asset up for future population and income growth. Broker of Record David Harrington License No. CO701910000 (AZ) (866) 889-0550 Matthews Real Estate Investment Services, Inc 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251