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3721 Millbranch Rd
Memphis, TN 38116
3721 Millbranch Rd · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Central Heating & Air
- Close to Memphis Airport, Graceland, FedEx and UPS
- Stoves & Refrigerators
Executive Summary
Millbranch is a 20-unit multifamily community featuring 2-bedroom units with central heating and air.
Each unit is equipped with stoves and refrigerators, offering residents comfortable and functional living accommodations.
Ideally located just minutes from FedEx, UPS, Memphis International Airport, and Graceland, the property benefits from strong employment and tourism drivers.
The scheduled monthly rental income is $14,950 per month. Please do not disturb residents, drive by only.
Each unit is equipped with stoves and refrigerators, offering residents comfortable and functional living accommodations.
Ideally located just minutes from FedEx, UPS, Memphis International Airport, and Graceland, the property benefits from strong employment and tourism drivers.
The scheduled monthly rental income is $14,950 per month. Please do not disturb residents, drive by only.
Property Facts
| Price Per Unit | $77,300 | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.83 AC |
| Cap Rate | 10.44% | Building Size | 15,500 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Price Per Unit | $77,300 |
| Sale Type | Investment |
| Cap Rate | 10.44% |
| No. Units | 20 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.83 AC |
| Building Size | 15,500 SF |
| No. Stories | 2 |
| Year Built | 1969 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | $850.00 | 775 |
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