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3917 Dunn Rd
Memphis, TN 38111
Cedar View Apartments · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Fully Renovated
- Granite Countertops, Washers & Dryers
- All 2-bedroom
Executive Summary
A fully renovated 10-unit multifamily asset in a strong Memphis rental corridor.
The property features ten 2BR/1BA units generating $8,050/month in scheduled income.
Recent upgrades include new electrical, central HVAC, kitchen cabinets, and granite countertops.
Each unit is equipped with in-unit washers/dryers, stoves, and refrigerators.
These improvements significantly reduce near-term capital expenditures for a new owner. Please do not disturb residents and drive by only.
The property features ten 2BR/1BA units generating $8,050/month in scheduled income.
Recent upgrades include new electrical, central HVAC, kitchen cabinets, and granite countertops.
Each unit is equipped with in-unit washers/dryers, stoves, and refrigerators.
These improvements significantly reduce near-term capital expenditures for a new owner. Please do not disturb residents and drive by only.
Property Facts
| Price Per Unit | $84,628 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 10.17% | Building Size | 9,948 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 1.51/1,000 SF |
| Zoning | R-MM | ||
| Price Per Unit | $84,628 |
| Sale Type | Investment |
| Cap Rate | 10.17% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,948 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R-MM |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $810.00 | 850 |
Property Taxes
| Parcel Number | 05-8082-0-0001 | Improvements Assessment | $63,320 |
| Land Assessment | $16,200 | Total Assessment | $79,520 |
Property Taxes
Parcel Number
05-8082-0-0001
Land Assessment
$16,200
Improvements Assessment
$63,320
Total Assessment
$79,520
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