-Well located property within close proximity of Arizona State University (ASU) and the vibrant Mill Avenue District which offers restaurants, shops, and entertainment. -Located only 4 miles away from Sky Harbor International Airport and a 30 minutes’ drive from Phoenix-Mesa Gateway Airport. -Three Stories, Exterior Corridor Property with 131 guest rooms situated on 2.25 acres in Tempe, Arizona. -Well performing asset that still leaves room for expense optimization to increase new operators bottom line. -Priced well at an 11.3% cap rate on current trailing 12 months revenues -Currently operated by a management company, providing an opportunity for a hands-on operator to improve expense control and optimize revenues.