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2554 Hernando St
Memphis, TN 38106
$1 Auction – Memphis MH Park | 31 Units · Multifamily Property For Sale
·
1,398 SF
Investment Highlights
- ABSOLUTE $1 AUCTION | Haven Hill Mobile Home Park | AUCTION SEPTEMBER 26-28, 2023
- Upside and Value-Add Potential Through Lease Up or Strategic Redevelopment
- Immediate Access to Major Transportation Arteries (I-55, I-69, I-240) and Employment Drivers (Fed-Ex, Airport)
- 31-Site Mobile Home Community Positioned Minutes from Memphis International Airport
- Zoned RU-3, Residential Urban with Permitted Uses including Single Family, Multifamily, Manufactured Home, and others
- ±190,427 Individuals with an Average Household Income of ±$53,543 in 2023 (5-Mile Radius)
Property Facts
| No. Units | 30 | Building Size | 1,398 SF |
| Property Type | Multifamily | Average Occupancy | 10% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1940/1968 |
| Lot Size | 2.99 AC | Parking Ratio | 10/1,000 SF |
| Zoning | RU-3 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.99 AC |
| Building Size | 1,398 SF |
| Average Occupancy | 10% |
| No. Stories | 1 |
| Year Built/Renovated | 1940/1968 |
| Parking Ratio | 10/1,000 SF |
| Zoning | RU-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 30 | - | - |
Property Taxes
| Parcel Number | 06-0170-0-0033C | Improvements Assessment | $17,120 |
| Land Assessment | $41,800 | Total Assessment | $58,920 |
Property Taxes
Parcel Number
06-0170-0-0033C
Land Assessment
$41,800
Improvements Assessment
$17,120
Total Assessment
$58,920
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