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Recently Renovated-Graham Manor Apartments- 1744 N Graham Rd 22 Unit Apartment Building $1,380,000 ($62,727/Unit) Memphis, TN 38108
Investment Highlights
- Recently Renovated from Top to Bottom
- Great Central Location. Close to High Performing Schools and Retail
- Garden Style Units W/ High Occupancy
Executive Summary
Prime investment opportunity to acquire a high-performing multi-family property recently renovated from top to bottom. Great central location that's close to award-winning schools, shopping and retail and main transportation arteries.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,380,000 | Building Class | C |
| Price Per Unit | $62,727 | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 15,000 SF |
| No. Units | 22 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2025 |
| Apartment Style | Garden | Parking Ratio | 2.67/1,000 SF |
| Zoning | CMU - Commercial | ||
| Price | $1,380,000 |
| Price Per Unit | $62,727 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 15,000 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2025 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | CMU - Commercial |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Picnic Area
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 400 |
| 2+1 | 20 | - | 500 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 06-2048-0-0001C | Improvements Assessment | $244,480 |
| Land Assessment | $25,120 | Total Assessment | $269,600 |
Property Taxes
Parcel Number
06-2048-0-0001C
Land Assessment
$25,120
Improvements Assessment
$244,480
Total Assessment
$269,600
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