This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
596 S Danny Thomas Blvd
Memphis, TN 38126
596 Danny Thomas Blvd Apartments · Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Building Size | 7,824 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.57/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | RMM | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 7,824 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.57/1,000 SF |
| Zoning | RMM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Online Services
- Walk-Up
ABOUT 596 S DANNY THOMAS BLVD , MEMPHIS, TN 38126
LOCATION! LOCATION! LOCATION! 14-unit (Six 1BR/1BA & Eight 2BR/1BA) renovated apartment bldg in Downtown Memphis by the new Foote Homes South City $250 Million redevelopment on Danny Thomas Blvd & less than 1 mile from the $950 Million Union Row Development! Walking distance to FedEx Forum & located in one of Memphis’ Opportunity Zones.This unique property has a 14% CAP rate, gross rental income of $72,200 & 100% occupied (solid tenants). All units renovated in 2018 w/new water heaters, laminate hardwood floor, ceramic tile! WON'T LAST LONG!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 01-1016-0-0041 | Improvements Assessment | $160,240 |
| Land Assessment | $37,640 | Total Assessment | $197,880 |
PROPERTY TAXES
