3427 Southern Ave | Memphis, TN 38111
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3427 Southern Ave
Memphis, TN 38111
The Junction at the Blue · Multifamily Property For Sale
·
40 Units
PROPERTY FACTS
| No. Units | 40 | Building Size | 54,000 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2020 |
| Building Class | C | Parking Ratio | 1.61/1,000 SF |
| Lot Size | 1.40 AC | ||
| Zoning | RMM | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 54,000 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2020 |
| Parking Ratio | 1.61/1,000 SF |
| Zoning | RMM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Tenant Controlled HVAC
- Walking/Biking Trails
- Maintenance on site
- Walk-Up
- Smoke Detector
ABOUT 3427 SOUTHERN AVE , MEMPHIS, TN 38111
A great value-add opportunity in the University of Memphis area; only a few minutes from Campus! Nearby student housing is 100% leased and getting $650-850 "per room"! The University of Memphis area is red hot with the newly renovated Highland Strip Entertainment Center a block away! See Area Overview section for more information.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 550 |
| 2+1 | 24 | - | 675 |
PROPERTY TAXES
| Parcel Number | 04-5119-0-0003C | Improvements Assessment | $402,600 |
| Land Assessment | $67,000 | Total Assessment | $469,600 |
PROPERTY TAXES
Parcel Number
04-5119-0-0003C
Land Assessment
$67,000
Improvements Assessment
$402,600
Total Assessment
$469,600
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
