This Multifamily Property is no longer advertised on LoopNet.com.

1297 S Lauderdale St
Memphis, TN 38106
LAUDERDALE OAKS APTS · Multifamily Property For Sale · 34 Units

Investment Highlights

  • OPPORTUNITY ZONE / TIF
  • VALUE-ADD OPPORTUNITY
  • GARDEN STYLE APTS / DEVELOPING AREA
  • TENANTS PAY ALL UTILITIES EX. WATER

Property Facts

No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.20 AC
Building Size 20,820 SF
Average Occupancy 12%
No. Stories 2
Year Built/Renovated 1959/2022
Parking Ratio 1.49/1,000 SF
Zoning RMM - Residential Multi-family Medium Density

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Tile Floors
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Family Room
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Gated
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 34 $750.00 -

Property Taxes

Property Taxes

Parcel Number
02-5059-0-0010
Land Assessment
$27,520
Improvements Assessment
$370,680
Total Assessment
$398,200
  • Listing ID: 26140409

  • Date on Market: 7/11/2022

  • Last Updated:

  • Address: 1297 S Lauderdale St, Memphis, TN 38106

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