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680 Woodstone Cir
Memphis, TN 38116
Hunter Oaks Apartments · Multifamily Property For Sale
·
76 Units
PROPERTY FACTS
| No. Units | 76 | Building Size | 68,038 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2019 |
| Building Class | C | Parking Ratio | 3.71/1,000 SF |
| Lot Size | 4.34 AC | ||
| Zoning | RU-3 | ||
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.34 AC |
| Building Size | 68,038 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2019 |
| Parking Ratio | 3.71/1,000 SF |
| Zoning | RU-3 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
ABOUT 680 WOODSTONE CIR , MEMPHIS, TN 38116
Lovely garden style apartments located close to the Presley Estate. Situated in nice residential neighborhood. Property sits on 4.5 lush acres with mature landscaping. Current owner wants to move back to west coast. Creates legitimate rental upside opportunity for new owner by stabilizing rents at 10% higher than current. Approximately 60 of the units have been renovated in last 4 years. A new paint job, landscaping and parking lot enhancements work help achieve higher rent levels! This investment would pay big dividends! On site resident manager and maintenance staff. This is a class C property.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 72 | $509.50 | 775 |
| 3+2 | 4 | $577.00 | 890 |
PROPERTY TAXES
| Parcel Number | 07-7017-0-0042C | Improvements Assessment | $880,400 |
| Land Assessment | $88,880 | Total Assessment | $969,280 |
PROPERTY TAXES
