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955 N Parkway
Memphis, TN 38105
Multifamily Property For Sale
·
10 Units
Investment Highlights
- 2 Bedroom Units
- Washers & Dryers
- Central Heating & Air
Executive Summary
955 N. Parkway is a 10 unit multi family property with all 2 bedroom 1 bath units. The units have central heating and air. Appliances include stoves, refrigerators, washer and dryers. The property is located just minutes from Downtown Memphis. The scheduled monthly income is 8270/mo.
Please do not disturb residents, drive by only.
Please do not disturb residents, drive by only.
Property Facts
| Price Per Unit | $99,400 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 8,540 SF |
| Cap Rate | 8.27% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-MM | ||
| Price Per Unit | $99,400 |
| Sale Type | Investment |
| Cap Rate | 8.27% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 8,540 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.17/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-MM |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $830.00 | 840 - 875 |
Property Taxes
| Parcel Number | 02-1121-0-0008C | Improvements Assessment | $35,120 |
| Land Assessment | $18,000 | Total Assessment | $53,120 |
Property Taxes
Parcel Number
02-1121-0-0008C
Land Assessment
$18,000
Improvements Assessment
$35,120
Total Assessment
$53,120
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