2459 Ketchum Rd | Memphis, TN 38114
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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
Parcel Number
06-0137-0-0047C
Land Assessment
$1,675,500
Improvements Assessment
$5,052,800
Total Assessment
$6,728,300
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