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JDP Portfolio 1 Retail Properties Offered at $759,000 in Memphis, TN
Executive Summary
Four income producing properties in Memphis TN. One highly successful recording studio and 2 great rental residences. Scheduled monthly income of $6,167 and monthly NOI after taxes and insurance of $5,475.27
Property Facts
| Price | $759,000 | Number of Properties | 3 |
| Price / SF | $379.50 / SF | Individually For Sale | 0 |
| Cap Rate | 8.66% | Total Building Size | 2,000 SF |
| Sale Type | Investment | Total Land Area | 0.32 AC |
| Status | Active |
| Price | $759,000 |
| Price / SF | $379.50 / SF |
| Cap Rate | 8.66% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,000 SF |
| Total Land Area | 0.32 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1661 Lamar Ave, Memphis, TN 38114 | Retail | 2,000 SF | 1923 | - |
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JDP Portfolio