3439-3459 Southern Ave | Memphis, TN 38111
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3439-3459 Southern Ave
Memphis, TN 38111
University Flats · Multifamily Property For Sale
·
46 Units
Investment Highlights
- Located in the University of Memphis Area
- Newly renovated
Property Facts
| No. Units | 46 | Building Size | 41,690 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1966/2020 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 2.16 AC | ||
| Zoning | RD - Commercial | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.16 AC |
| Building Size | 41,690 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/2020 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | RD - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $435.00 | 280 |
| 1+1 | 11 | $595.00 | 500 |
| 2+1 | 33 | $685.00 | 750 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $238,760 | |
| Land Assessment | $105,320 | Total Assessment | $344,080 |
Property Taxes
Parcel Numbers
Land Assessment
$105,320
Improvements Assessment
$238,760
Total Assessment
$344,080
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