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- LoopNet Team
1760 Chancery St
Memphis, TN 38116
Sutton at Shelby · Multifamily Property For Sale
·
69 Units
INVESTMENT HIGHLIGHTS
- Spacious Townhome Floorplans
- Close Proximity to Major Employers
- close proximity to Interstate 55
PROPERTY FACTS
| No. Units | 69 | Building Size | 148,108 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2018 |
| Building Class | C | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 5.49 AC | ||
| Zoning | RMM | ||
| No. Units | 69 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.49 AC |
| Building Size | 148,108 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built/Renovated | 1973/2018 |
| Parking Ratio | 1.97/1,000 SF |
| Zoning | RMM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
SITE AMENITIES
- Fenced Lot
- Property Manager on Site
- Maintenance on site
ABOUT 1760 CHANCERY ST , 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 million renovation. Major employers nearby include FedEx’s SuperHub, Elvis Presley Enterprises, and Memphis International Airport. The Fedex SuperHub is undergoing a $1 billion expansion and adding more jobs focused on automation and technology. Elvis Presley Enterprises added 1000 new jobs to the area with its $137 million expansion and new Guest House at Graceland. The airport is also constructing a $3 million new MRO hangar and undergoing a $214 million modernization plan.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 22 | - | 744 |
| 2+1 | 25 | - | 928 |
| 3+2 | 22 | - | 1,346 |
PROPERTY TAXES
| Parcel Number | 07-9068-0-0002C | Improvements Assessment | $857,000 |
| Land Assessment | $267,100 | Total Assessment | $1,124,100 |
PROPERTY TAXES
