Prime opportunity to participate in tempe's downtown renaissance. Surrounded by a collection of high-end commercial/office developments, a boutique hotel, and trendy urban multi use condominiums, this property is one of the best locations for long term investment growth. The parcels are also located in tempe's transportation overlay district which adds a whole other layer of development potential not found elsewhere. In addition, the existing 8 rental units are 100% occupied offering immediate cash flow.