Sleep Inn Tempe Successfully Transforms into Thriving Student Housing Development
In a landmark transaction, the Sleep Inn, located in Tempe, AZ has been acquired by a prominent student housing developer, marking the beginning of an exciting new chapter for the property.
- In a landmark transaction, the Sleep Inn, located in Tempe, AZ has been acquired by a prominent student housing developer, marking the beginning of an exciting new chapter for the property.
- The property's prime location, directly across from Arizona State University (ASU), underscores its potential to meet the growing demand for student accommodations in the thriving Tempe area.
- With over 57,000 total enrolled students at ASU’s Tempe location, this strategic development aligns with the increasing demand for high-quality student housing options in proximity to the university, providing a convenient and modern living experience for the student population.
- This conversion from a hotel to a student housing development stands as a testament to the resilience and adaptability of real estate in meeting the evolving needs of the community.