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3920 Kimball Ave
Memphis, TN 38111
3920 Kimball Ave. 4 Unit Multi-family · Multifamily Property For Sale
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4 Units
Investment Highlights
- All 2 Bedroom Units
- Refrigerators & Stoves
- Central Heating & Air
Executive Summary
Kimball is a 4 unit building with all 2 bedrooms. The units have central heating and air, stoves and refrigerators. The scheduled monthly rental income is 3220/mo providing some upside for a value add opportunity. Please do not disturb residents, drive by only.
Property Facts
| Price Per Unit | $97,750 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Size | 3,268 SF |
| Cap Rate | 9.23% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Price Per Unit | $97,750 |
| Sale Type | Investment |
| Cap Rate | 9.23% |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 3,268 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $850.00 | 817 |
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