605-607 E Mclemore Ave | Memphis, TN 38106
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605-607 E Mclemore Ave
Memphis, TN 38106
Mclemore Apartments · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Located just minutes away from Booming Downtown Memphis!
PROPERTY FACTS
| No. Units | 36 | Building Size | 22,776 SF |
| Property Type | Multifamily | Average Occupancy | 69% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 1.34 AC | ||
| Zoning | R-6 - Commercial | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.34 AC |
| Building Size | 22,776 SF |
| Average Occupancy | 69% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | R-6 - Commercial |
ABOUT 605-607 E MCLEMORE AVE , MEMPHIS, TN 38106
This 36 unit offering consist of 2 buildings, 605 and 607 E McLemore avenue, that is located less than 5 minutes from Booming Downtown Memphis! The total scheduled monthly income is $12,739.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 36 | $375.00 | 630 |
PROPERTY TAXES
| Parcel Number | 02-5042-0-0007 | Improvements Assessment | $60,000 |
| Land Assessment | $12,840 | Total Assessment | $72,840 |
PROPERTY TAXES
Parcel Number
02-5042-0-0007
Land Assessment
$12,840
Improvements Assessment
$60,000
Total Assessment
$72,840
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