3108 New Allen Rd | Memphis, TN 38128
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3108 New Allen Rd
Memphis, TN 38128
High Top Ridge Apartments · Multifamily Property For Sale
·
125 Units
PROPERTY FACTS
| No. Units | 125 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 115,153 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1972/2026 |
| Lot Size | 7.15 AC | Parking Ratio | 1.7/1,000 SF |
| Zoning | R-MM | ||
| No. Units | 125 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.15 AC |
| Construction Status | Under Renovation |
| Building Size | 115,153 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2026 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | R-MM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Walk-Up
- Smoke Detector
ABOUT 3108 NEW ALLEN RD , MEMPHIS, TN 38128
HighTop Ridge Apartments is a value-add opportunity one mile away from the Nike North America Logistics Campus. Apartment homes feature great vaulted ceilings and balconies. Amenities include five laundry facilities spread throughout the complex. 40 units remain to be renovated and brought up to current standards.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 27 | $390.00 | 637 - 805 |
| 2+1 | 98 | $450.00 | 854 |
PROPERTY TAXES
| Parcel Number | 08-4011-0-0001 | Improvements Assessment | $1,644,400 |
| Land Assessment | $304,500 | Total Assessment | $1,948,900 |
PROPERTY TAXES
Parcel Number
08-4011-0-0001
Land Assessment
$304,500
Improvements Assessment
$1,644,400
Total Assessment
$1,948,900
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