1716 DuPont Ave | Memphis, TN 38127
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- LoopNet Team
1716 DuPont Ave
Memphis, TN 38127
Oakwood Apartments · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- The Oakwood Apartments at 1716 Dupont Avenue are an 18-unit, two-story, brick complex building.
- Four of the 18 units (2BR/ 1BA) have been renovated and are rent-ready, while there is an estimated rehab of $10K/ unit, ARV $750,000.
- Nestled in the Frayser neighborhood of Memphis, a recently revitalized historically routed node north of Downtown Memphis.
- This sale includes the vacant lot next door, and the seller is looking for a quick cash closing.
PROPERTY FACTS
| No. Units | 18 | Building Size | 35,000 SF |
| Property Type | Multifamily | Average Occupancy | 40% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 2.14/1,000 SF |
| Lot Size | 0.60 AC | ||
| Zoning | R-MM | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 35,000 SF |
| Average Occupancy | 40% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 2.14/1,000 SF |
| Zoning | R-MM |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 18 | - | 1,136 |
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