2281 Ketchum Rd | Memphis, TN 38114
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2281 Ketchum Rd
Memphis, TN 38114
Grainge Hill Apartments · Multifamily Property For Sale
·
90 Units
PROPERTY FACTS
| No. Units | 90 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 72,000 SF |
| Property Subtype | Apartment | Average Occupancy | 22% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1968/2025 |
| Lot Size | 4.51 AC | Parking Ratio | 2.5/1,000 SF |
| Zoning | RMM | ||
| No. Units | 90 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.51 AC |
| Construction Status | Under Renovation |
| Building Size | 72,000 SF |
| Average Occupancy | 22% |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2025 |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | RMM |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Playground
- Property Manager on Site
- Basketball Court
- Lounge
ABOUT 2281 KETCHUM RD , MEMPHIS, TN 38114
A partially renovated garden apartment complex. The owner needs to leave the country to tend to illness in his family. A great opportunity to acquire and rehab a potential solid performing asset. Located 1 mile from Memphis International Airport, 10 minutes to Downtown and East Memphis with nearby access to I-240 places this property in easy access to most of the major employment and entertainment centers in Memphis.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 90 | $600.00 | 784 |
PROPERTY TAXES
| Parcel Number | 06-0112-0-0026C | Improvements Assessment | $4,207,500 |
| Land Assessment | $303,800 | Total Assessment | $4,511,300 |
PROPERTY TAXES
Parcel Number
06-0112-0-0026C
Land Assessment
$303,800
Improvements Assessment
$4,207,500
Total Assessment
$4,511,300
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