1170 Peabody Ave | Memphis, TN 38104
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- LoopNet Team
1170 Peabody Ave
Memphis, TN 38104
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Positioned in the heart of a thriving rental market in Memphis, TN, this property offers a great turnkey opportunity.
- Boasting updated HVAC units on most units, this property stands out as a prime investment, providing a well-maintained environment.
- The interior has been completely revitalized with new LTV flooring, countertops, stainless steel appliances, subway tile backsplash and more!
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,610 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | RU-3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 7,610 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RU-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $1,073 | 761 |
PROPERTY TAXES
| Parcel Number | 01-8047-0-0019 | Improvements Assessment | $201,320 |
| Land Assessment | $47,960 | Total Assessment | $249,280 |
PROPERTY TAXES
Parcel Number
01-8047-0-0019
Land Assessment
$47,960
Improvements Assessment
$201,320
Total Assessment
$249,280
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