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3637 Park Ave
Memphis, TN 38111
University Park · Multifamily Property For Sale · 38 Units

INVESTMENT HIGHLIGHTS

  • Newly Renovated in 2024.
  • 10 Year PILOT was granted in 2023.
  • Full Remodeled Kitchens and Bathrooms.
  • 100% Occupancy.

PROPERTY FACTS

No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.73 AC
Building Size 28,100 SF
Average Occupancy 100%
No. Stories 3
Year Built 1960
Zoning CMU-1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Disposal
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Security System
  • Gated
  • Pet Play Area

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 15 - 478
1+1 10 - 536 - 654
2+1 11 - 770
2+2 2 - 906 - 942

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-8048-0-0005
Land Assessment
$203,800
Improvements Assessment
$5,241,200
Total Assessment
$5,445,000
  • Listing ID: 32493059

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 3637 Park Ave, Memphis, TN 38111

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