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Additional details
$1,600,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Complex
Listing Status Active
Purchase Type For Sale
Subdivision Graceland
MLS Listing ID 10193073
Year Built 1956
Annual Tax Amount $1,598
Property Sub-Type Apartment Complex
Property Description
Rare opportunity to acquire a value-add apartment in an up and coming area, located in a qualified opportunity zone! This recently RENOVATED complex is 34 units, all 2BR 1 BA w/ Pitched Roofs, Central A/H, new Fls/ Baths, & Units! new security gate. Annual gross potential rent is $367,000. Willie Mitchell world famous studio is located across the street. 6 minutes drive to Downtown Memphis, 15 mins to Airport/FedEx World Hub & 5 mins to developing Soulsville. Contact me w/ questions!
Location
State TN
County Shelby
Area Whitehaven/Graceland
Interior
Heating Central
Cooling Central
Flooring 8 Feet, Tile
Laundry Common Laundry, None
Exterior
Parking Features Asphalt/Blacktop, Secured
Roof Type Pitched,Tile
Building
Story 1
Foundation Slab
Water Gas
Others
Miscellaneous Chain Fence,Fully Fenced,Security Gate
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Listed by John C Cornes • Braden, Braden & Braden LLC
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