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706 N 5th St
Memphis, TN 38107
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Good Uptown Location
- New Kitchen Cabinets and Granite Countertops
- Washers & Dryers
- New Electrical and New Central Heating & Air
- New Water Heaters and New Windows
Property Facts
| Price Per Unit | $92,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 7.83% | Building Size | 3,280 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price Per Unit | $92,800 |
| Sale Type | Investment |
| Cap Rate | 7.83% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,280 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $875.00 | 656 |
Property Taxes
| Parcel Number | 00-1081-0-0006 | Improvements Assessment | $84,120 |
| Land Assessment | $11,680 | Total Assessment | $95,800 |
Property Taxes
Parcel Number
00-1081-0-0006
Land Assessment
$11,680
Improvements Assessment
$84,120
Total Assessment
$95,800
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