305 S Bellevue Blvd | Memphis, TN 38104
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- LoopNet Team
305 S Bellevue Blvd
Memphis, TN 38104
Azur Tower Apartments · Multifamily Property For Sale
·
118 Units
Investment Highlights
- Well located apartments near 6 hospitals in Medical district
- Opportunity for new ownership to raise rents to market levels
- Great city views for residents
Property Facts
| No. Units | 118 | Building Size | 177,698 SF |
| Property Type | Multifamily | Average Occupancy | 77% |
| Property Subtype | Apartment | No. Stories | 17 |
| Apartment Style | Hi-Rise | Year Built/Renovated | 1970/2018 |
| Building Class | B | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 1.23 AC | ||
| Zoning | RU-3 - Residential Urban-3 | ||
| No. Units | 118 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Lot Size | 1.23 AC |
| Building Size | 177,698 SF |
| Average Occupancy | 77% |
| No. Stories | 17 |
| Year Built/Renovated | 1970/2018 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | RU-3 - Residential Urban-3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Hardwood Floors
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Vinyl Flooring
Site Amenities
- Business Center
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Package Service
- Bicycle Storage
- Elevator
- Lounge
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 84 | $877.50 | 640 - 680 |
| 2+1 | 34 | $1,063 | 1,000 |
Property Taxes
| Parcel Number | 01-8046-0-0004C | Improvements Assessment | $2,311,160 |
| Land Assessment | $87,080 | Total Assessment | $2,398,240 |
Property Taxes
Parcel Number
01-8046-0-0004C
Land Assessment
$87,080
Improvements Assessment
$2,311,160
Total Assessment
$2,398,240
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