This property is Off-Market

2502 St. Elmo
Memphis, TN 38127 ·

72 Units · Multifamily For Sale

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Beacon Manor

Price N/A Property Use Type Investment
No. Units 72 Cap Rate 10%
Building Size 53,334 SF Occupancy 71%
Property Type Multifamily No. Stories 2
Property Sub-type Garden/Low-Rise Year Built 1973
Listing ID: 17599669 Date Created: 04/02/2012 Last Updated: 06/04/2014

Description

72-unit complex is 82% occupied, with plenty of upside opportunity. Complex sits on 7.86 acres with plenty of open green space and pine trees that provide a park-like setting in a quiet area of the Frayser community of Memphis. Property is adjacent to a church and community center.

From the North leg of I-240, travel north on Range Line Road to St. Elmo. Turn left (west) and property is 1/3 mile on the right (north).

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2502 St. Elmo, Memphis, TN 38127 (Shelby County)

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