3375 Southern Ave
Memphis, TN 38111
The Belle · Multifamily Property For Sale
·
30 Units
PROPERTY FACTS
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.96 AC |
| Building Size | 23,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 2.88/1,000 SF |
| Zoning | RU-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Laundry Service
ABOUT 3375 SOUTHERN AVE , MEMPHIS, TN 38111
This 30 unit building is a major rehab opportunity near the University of Memphis. There are 4 studios, 16 one bedrooms, 10 two bedrooms. The scheduled monthly rents are a total of 12,510 a month.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $375.00 | 500 |
| 1+1 | 16 | $425.00 | 800 |
| 2+1 | 10 | $475.00 | 1,000 |
PROPERTY TAXES
| Parcel Number | 04-5110-0-0021C | Improvements Assessment | $279,360 |
| Land Assessment | $42,000 | Total Assessment | $321,360 |
