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- LoopNet Team
2459 Ketchum Rd
Memphis, TN 38114
Coronado Manor · Multifamily Property For Sale
·
334 Units

PROPERTY FACTS
| No. Units | 334 | Building Size | 257,838 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1966/2017 |
| Building Class | C | Parking Ratio | 2.61/1,000 SF |
| Lot Size | 18.74 AC | ||
| Zoning | RMM | ||
| No. Units | 334 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 18.74 AC |
| Building Size | 257,838 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/2017 |
| Parking Ratio | 2.61/1,000 SF |
| Zoning | RMM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Walk-Up
- Smoke Detector
ABOUT 2459 KETCHUM RD , MEMPHIS, TN 38114
33 Units in Memphis, TN. (Miss-Managed Building 55% Rented Currently) 100 Units Need $1,000 - $3,000 In Rehab / Turn Over Work See PDF Explaining Building Income & Expenses & Property Flyer Currently 55% Rented = $950,000 Annual Income Expenses = $400,000 (4 Full Time Employees + 5% Management Fee's) Current NOI = $530,000 NOI @ 100% Rented = $1,057,000 SEE ATTACHMENTS.....
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 46 | - | 570 - 630 |
| 2+1 | 276 | - | 780 |
| 3+1 | 8 | - | 1,115 |
| 3+2 | 4 | - | 1,025 - 1,288 |
PROPERTY TAXES
| Parcel Number | 06-0137-0-0047C | Improvements Assessment | $5,052,800 |
| Land Assessment | $1,675,500 | Total Assessment | $6,728,300 |
PROPERTY TAXES
Listing ID: 15968308
Date on Market: 5/6/2019
Last Updated:
Address: 2459 Ketchum Rd, Memphis, TN 38114
The Southeast Memphis Multifamily Property at 2459 Ketchum Rd, Memphis, TN 38114 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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