Roosevelt Bungalows — 10 Units and Development Pad

Roosevelt Bungalows at 1545 West Roosevelt Street, Phoenix, Arizona 85007. Current reduced asking price in the OM is $1,300,000. The offering includes ten existing units: eight studios and two one-bedroom/one-bath units, plus an additional pad marketed for potential duplex development, subject to approvals. Proposed additional units are not included in the existing ten-unit count.

Parcels 111-25-001A and 111-25-003A. The OM describes remodeled units with new HVAC, appliances and fixtures, an infill location near the Roosevelt Arts District and Downtown employment, and current lease-up. Current occupancy, leases, condition, rents and development approvals should be verified with Zack Mishkin and Leo Pataq.