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1500 E Shelby Dr
Memphis, TN 38116
Shelby Pointe Townhomes · Multifamily Property For Sale
·
124 Units
PROPERTY FACTS
| No. Units | 124 | Building Size | 136,400 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 5.81 AC | ||
| Zoning | RU-3 | ||
| No. Units | 124 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.81 AC |
| Building Size | 136,400 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | RU-3 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Playground
- Property Manager on Site
- Maintenance on site
- Walk-Up
ABOUT 1500 E SHELBY DR , MEMPHIS, TN 38116
Whitehaven is strategically located in Memphis, Tennessee and is approximately 5 minutes from DeSoto County, the fastest growing county in Mississippi. The property is situated within close proximity to Interstate 55, providing residents easy access to cultural and recreational activities across the Memphis metropolitan area as well as nearby shopping, dining, and entertainment options. Located less than a mile from the subject property is Southland Mall which recently underwent a $4.3 mil-lion renovation. Major employers nearby include FedEx’s SuperHub, Elvis Presley Enterprises, and Memphis International Airport. FedEx recently announced a $1 billion expansion to its Memphis World Hub. The Airport is constructing a new $3 million hangar and undergoing a $214 million modernization plan. Elvis Presley Enterprises recently completed its $92 million Guest House at Graceland with more plans for a $45 million new visitor and entertainment complex. Elvis Presley Enterprises has added approximately 1300 new jobs to the area.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 124 | $550.00 | 1,100 |
PROPERTY TAXES
| Parcel Number | 07-9050-A0-0025 | Improvements Assessment | $3,261,600 |
| Land Assessment | $695,900 | Total Assessment | $3,957,500 |
PROPERTY TAXES
