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$ 1,538,000
Est. payment /mo
Active
3721 MILLBRANCH RD Memphis, TN 38116
15,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 15,500 sqft
Price per Sqft $99
Subdivision Lonnie E. Robertw
MLS Listing ID 10231572
Year Built 1969
Annual Tax Amount $8,514
Property Sub-Type Apartment Building
Property Description
This 20 unit has all 2 bedroom units. The property has a long-established rental history and scheduled rents of approximately $15,500 per month .Located minutes from Memphis International Airport and major FedEx and UPS employment hubs, the property is positioned near some of Memphis' most significant employment activity. The retiring owner is ready to make a deal and has reduced the price to generate serious activity. This is an opportunity for an experienced investor.
Location
State TN
County Shelby
Area Whitehaven/Graceland
Interior
Heating Central
Cooling Central
Flooring Tile
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical
Listed by Jeffrey B Moore • Crye-Leike Commercial