700 W University Dr UNIT 101, Tempe, AZ 85281

Great opportunity to own 14 one bedroom, one bath condos in beautiful Tempe community of Scene One. Well maintained with nice landscaping, pool and heated spa. Condos are 595SF, include refrigerator, dishwasher, stove, breakfast bar and stack washer/dryer hookup. Walk or bike 1 mile to ASU. Close to Rio Salado, Town Lake, Mill Avenue, Light Rail, shopping, restaurants, bus lines & freeways. 1 covered parking space & lots of extra parking for guests. Units are 100% rented as of Jan 2013. Current rent avg $544 but projected to increase to $595 as rents are going up! HOA fees are $155 per month per unit and include water, sewer, trash, common area, pool, parking lot, exterior maintenance and blanket insurance. Tenants pay electric. Not a short sale or bank owned. Flyer on documents ta