Memphis, TN 38122
$1,066,000
This 15-unit opportunity consists of 14-2br's plus one 3BR single-family residence. All units feature central heating and air. The scheduled monthly rental income 10,900. The current owner has owned the properties for 10 years. Rents are slightly below market. This creates an opportunity for an experienced investor to raise increase… Read MoreRead Less
Courtesy of , Crye-Leike Commercial.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment Building
Lot Size
0.69 Acres
Year Built
1965
MLS Number
10231633
Property Location Map
Additional Details
Appliances & Equipment
Range/Oven (Freestanding), Refrigerator
Building
Built in 1965, Construction Materials: Brick/Veneer, Vinyl Siding
Cooling
Central
Expenses
Insurance: $12,301
Floors
8 Feet, Dry Wall, Tile
Foundation
Slab
Heating
Central
Income
Gross ScheduledIncome: $147,600
Laundry
None
Lot
0.68893 acres
Parking
Asphalt/Blacktop
Roof
Composition
Taxes
Annual Amount: $8,112
Tenant Pays
Other (Call LA)
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Vernita Thornton
Real Estate Agent
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