A boutique 33-unit townhome community, The Place on Jentilly was built in 2016 and consists of nine (27%) two-bedroom and 24 (73%) three-bedroom units averaging 1,531 square feet. Each unit offers an attractive three-story floorplan equipped with an attached two-car garage. Units are complemented by a swimming pool, dog park, and attractive landscaping.
The property is ideally positioned in the heart of North Tempe, the Valley’s top destination for a live-work-play-learn lifestyle, providing residents direct access to its thriving economic hub and outstanding shopping and entertainment experiences. The dynamic North Tempe employment hub sits just two miles north of the community presenting ±85,000 employees across ±2,900 businesses including Fortune 500 companies such as State Farm, ADP, and Wells Fargo. Tempe’s pro-business climate continues to generate economic expansion as evidenced by developments such as the Grand at Papago Center, I.D.E.A. Tempe Campus, and the NOVUS Innovation Corridor driving continual, long-term demand for the region and the community. The property’s centralized location yields unparalleled proximity to three major freeways, presenting a powerful reach to over ±1,016,038 jobs within a 20-minute commute across some of the Valley’s most notable employment corridors throughout South Tempe, Scottsdale, Chandler and Phoenix. The community also enjoys an attractive walkability index of 90 putting residents within steps of a Safeway grocery store and offering convenient walkability to Arizona State University.
The Opportunity
33
2016
±50,535
±1,531
1.47
22.45 Units / Acre
8
3
No of Units
Year Completed
Net Rentable SF
Avg Unit Size
Net Acreage
Net Density
No. Buildings
No. Floors
133-11-539 through 133-11-572
33
17
83
2.52
Parcel Number
Two Car Garages
Uncovered Spaces
Total Parking
Parking Ratio/Unit
PROPERTY INFO
The Location
Neighborhood Stats
NEIGHBORHOOD SHOPPING
NEIGHBORHOOD CONVENIENCES
PRIMARY EDUCATION
DEMAND DRIVER
GALLERY 1/2
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Ric Holway
Senior Managing Director
602.828.0074
ric.holway@berkadia.com
Dan Cheyne
Managing Director
602.327.4447
dan.cheyne@berkadia.com
Mark Forrester
Senior Managing Director
602.526.4800
mark.forrester@berkadia.com
Andrew Curtis
Director
602.571.4190
andrew.curtis@berkadia.com
Kristin Watson
Operations Director
602.445.1674
kristin.watson@berkadia.com
CONTACT Us
BACK TO TOP
Market
PRICE
Cash
TERMS
Three-Story Townhome
CONSTRUCTION
33
UNITS
±22.45 Units Per Acre
DENSITY
±1.47 Acres
PARCEL SIZE
1,531
Apartment
Homes Avg SF
2016
BUILT
Previous
Next
North Tempe continues to undergo major transformation with exciting new mixed development projects such as the Grand at Papago Center, I.D.E.A Campus, South Pier at Tempe Town Lake, and Arizona State University’s Novus Innovation Corridor.
Investment Highlights
GAME CHANGING ECONOMIC DEVELOPMENTS BUILD ON NORTH TEMPE’S SUCCESS
Located approximately two miles north of Place on Jentilly, North Tempe is a well-established economic region synonymous with coveted Class A office infrastructure supporting Fortune 500s, large financial services, and Silicon Valley tech companies.
Investment Highlights
HIGHLY EDUCATED RESIDENT PROFILE AUGMENTED BY NORTH TEMPE EMPLOYMENT HUB
Entry-level mortgage payments in Phoenix have increased 42% year-over-year, pricing out many would be home buyers and driving continual demand for SFR/BRF housing.
Investment Highlights
RISING MORTGAGE PAYMENTS PROVIDES INCREASING DEMAND
The Place on Jentilly offers 33 two- and three-bedroom townhome units in well-designed three-story floorplans featuring attached two-car garages. Community amenities include a swimming pool, dog park, and attractive landscaping.
Investment Highlights
METICULOUSLY MAINTAINED, BOUTIQUE TOWNHOME COMMUNITY
Investment Highlights
Photo GALLERY
Quick Stats
Photo Gallery
Location
Property
Opportunity
Doc Center
1717 S. Jentilly Lane – Tempe, AZ 85281
Exclusive Built-for-Rent Offering
Arizona State University’s long-term success underpins the rapidly growing economies of Tempe and its surrounding communities by accounting for an indirect impact of ±53,600 jobs added to support the growing opportunities of ASU and its partnerships.
Investment Highlights
ARIZONA STATE UNIVERSITY’S ACADEMIC EXCELLENCE, DRIVING TEMPE’S INNOVATION WORKFORCE
Positioned near the Northeast corner of Broadway & Rural Road, the property is less than a 10-minute walk to Arizona State University’s – Main Campus, home to ±54,900 students. The community abuts North Tempe’s only Safeway grocery store, offering outstanding everyday convenience.
Investment Highlights
STRONG WALK SCORE
The property offers quick access to the U.S 60, Loop 101, and Loop 202 freeways enabling further reach to powerful corridors throughout Scottsdale, Phoenix, Chandler, and Mesa. Over 1,000,000 jobs are accessible within a 20-minute commute.
Investment Highlights
CENTRALIZED LOCATION NEAR THREE MAJOR THOROUGHFARES
Tempe, AZ
Neighborhood
Quick Facts
City Unemployment Rate (*Preliminary for August 2022)
3.2%*
Median Household Income
(Within Three Miles)
$54.3k
Median Housing Unit Value (Within Three Miles)
$543.6k
Renter Occupied Housing Units (Within Three Miles)
52%
Population
(Within Three Miles)
155.9k
Within a three-mile drive of the property
Stores and Restaurants
100
SF Shopping Destination
1.3m
From the Property
2.9mi
Nordstrom Rack | Barnes & Noble H&M | Harkins Theatres
Tempe, AZ
COMBINED JOBS
SUPPORTED
2.9k
Combined Schools
and Centers
28
COMBINED STUDENTS
Served
23.9k
Curry ES | Connolly MS | McClintock HS
From the Property
0.6mi
8.3k
JOBS SUPPORTED
STUDENTS ENROLLED (FALL 2021)
54.9k
Arizona State University – Tempe Campus
Approximately 40,500 students live off-campus
From the Property
TOTAL JOBS Supported
2.0mi
7.6k
SF Facility
2.0m
State Farm Insurance – Regional Headquarters
Banner Desert Medical Center
From the Property
JOBS Supported
4.0mi
3.7k
Hospital Beds
450
ARIZONA STATE UNIVERSITY’S ACADEMIC EXCELLENCE,
DRIVING TEMPE’S
INNOVATION WORKFORCE
Learn more...
GAME CHANGING ECONOMIC DEVELOPMENTS BUILD ON NORTH TEMPE’S SUCCESS
Learn more...
HIGHLY EDUCATED RESIDENT PROFILE AUGMENTED BY NORTH TEMPE EMPLOYMENT HUB
Learn more...
RISING MORTGAGE PAYMENTS PROVIDES INCREASING DEMAND
Learn more...
METICULOUSLY MAINTAINED, BOUTIQUE TOWNHOME COMMUNITY
Learn more...
STRONG WALK SCORE
Learn more...
CENTRALIZED LOCATION NEAR THREE MAJOR THOROUGHFARES
Learn more...
GALLERY 2/2
THE place on jentilly
Tempe, AZ
THE place on jentilly
Neighborhood
Shopping
Tempe, AZ
THE place on jentilly
Neighborhood
CONVENIENCES
Tempe, AZ
THE place on jentilly
Primary
Education
Tempe, AZ
THE place on jentilly
Demand
Driver
OPPORTUNITY
PROPERTY
LOCATION
PHOTO GALLERY
DOC CENTER
Entry-level mortgage payments in Phoenix have increased 42% year-over-year, pricing out many would be home buyers and driving continual demand for SFR/BRF housing.
Investment Highlights
RISING MORTGAGE PAYMENTS PROVIDES INCREASING DEMAND
Located approximately two miles north of Place on Jentilly, North Tempe is a well-established economic region synonymous with coveted Class A office infrastructure supporting Fortune 500s, large financial services, and Silicon Valley tech companies.
Investment Highlights
HIGHLY EDUCATED RESIDENT PROFILE AUGMENTED BY NORTH TEMPE EMPLOYMENT HUB
North Tempe continues to undergo major transformation with exciting new mixed development projects such as the Grand at Papago Center, I.D.E.A Campus, South Pier at Tempe Town Lake, and Arizona State University’s Novus Innovation Corridor.
Investment Highlights
GAME CHANGING ECONOMIC DEVELOPMENTS BUILD ON NORTH TEMPE’S SUCCESS
Arizona State University’s long-term success underpins the rapidly growing economies of Tempe and its surrounding communities by accounting for an indirect impact of ±53,600 jobs added to support the growing opportunities of ASU and its partnerships.
Investment Highlights
ARIZONA STATE UNIVERSITY’S ACADEMIC EXCELLENCE, DRIVING TEMPE’S INNOVATION WORKFORCE
Positioned near the Northeast corner of Broadway & Rural Road, the property is less than a 10-minute walk to Arizona State University’s – Main Campus, home to ±54,900 students. The community abuts North Tempe’s only Safeway grocery store, offering outstanding everyday convenience.
Investment Highlights
STRONG WALK SCORE
The property offers quick access to the U.S 60, Loop 101, and Loop 202 freeways enabling further reach to powerful corridors throughout Scottsdale, Phoenix, Chandler, and Mesa. Over 1,000,000 jobs are accessible within a 20-minute commute.
Investment Highlights
CENTRALIZED LOCATION NEAR THREE MAJOR THOROUGHFARES
Tempe, AZ
THE place on jentilly
Neighborhood
Shopping
Tempe, AZ
THE place on jentilly
Neighborhood Conveniences
Tempe, AZ
THE place on jentilly
Primary Education
Tempe, AZ
THE place on jentilly
Demand Driver
Contact Us
Tempe, AZ
THE place on jentilly
Neighborhood Quick Facts
City Unemployment Rate (*Preliminary for August 2022)
3.2%*
Median Household Income
(Within Three Miles)
$54.3k
Renter Occupied Housing Units (Within Three Miles)
52%
Population
(Within Three Miles)
155.9k
Median Housing Unit Value (Within Three Miles)
$543.6k
Tempe, AZ
THE place on jentilly
Neighborhood Shopping
Tempe, AZ
THE place on jentilly
Neighborhood Conveniences
Tempe, AZ
THE place on jentilly
Primary Education
Tempe, AZ
THE place on jentilly
Demand Driver
GALLERY 2/4
GALLERY 3/4
GALLERY 4/4
GALLERY 1/4
Privacy
Terms of Use
Privacy
Terms of Use
Privacy
Terms of Use
The Location
Neighborhood Stats
NEIGHBORHOOD SHOPPING
NEIGHBORHOOD CONVENIENCES
PRIMARY EDUCATION
DEMAND DRIVER
S
Rural & Apache Light Rail
Marina Heights
Downtown Tempe
Tempe, AZ
THE place on jentilly
Demand
Driver
Banner Desert Medical Center
From the Property
JOBS Supported
4.0mi
3.7k
Hospital Beds
450
State Farm Insurance – Regional Headquarters
From the Property
TOTAL JOBS Supported
2.0mi
7.6k
SF Facility
2.0m
From the Property
JOBS SUPPORTED
0.6mi
8.3k
STUDENTS ENROLLED (FALL 2021)
Arizona State University – Tempe Campus
Approximately 40,500 students live off-campus
54.9k
Tempe, AZ
THE place on jentilly
Primary
Education
COMBINED JOBS
SUPPORTED
2.9k
Combined Schools
and Centers
28
COMBINED STUDENTS
Served
23.9k
Curry ES | Connolly MS | McClintock HS
Tempe, AZ
THE place on jentilly
Neighborhood
CONVENIENCES
Tempe, AZ
Within a three-mile drive of the property
Tempe, AZ
THE place on jentilly
Neighborhood
Shopping
Stores and Restaurants
100
SF Shopping Destination
1.3m
From the Property
2.9mi
Nordstrom Rack | Barnes & Noble H&M | Harkins Theatres
Tempe, AZ
THE place on jentilly
Neighborhood
Quick Facts
City Unemployment Rate (*Preliminary for August 2022)
3.2%*
Median Household Income
(Within Three Miles)
$54.3k
Renter Occupied Housing Units (Within Three Miles)
52%
Population
(Within Three Miles)
155.9k
Median Housing Unit Value (Within Three Miles)
$543.6k
