901-794-4702
1297 S Lauderdale St, Memphis, TN for Sale
Apartments - FOR SALE
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1297 S Lauderdale St
Memphis, TN 38106


HIGHLIGHTS

  • Positioned in an established neighborhood with good access to amenities and transit
  • With 33 units, this multi-family complex offers a diverse range of housing options, making it ideal for a wide variety of tenants.
  • Situated in a strategic location with easy access to local amenities, public transportation, and major thoroughfares

OVERVIEW

Located at 1297 S Lauderdale St in Memphis, TN, Willie Mitchell Apartments is a multi-family property with a gross building area (GBA) of 20,820 square feet across two floors. The property features 33 residential units, making it a prime opportunity for multi-family investment in a well-established area. With its two-story design and significant unit count, the property offers a variety of residential options while maintaining efficient use of space. Priced at $2,800,000, the property presents a strong investment opportunity in the Memphis market.

FOR SALE DETAILS

PRICE

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# OF UNITS

33

CAP RATE

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% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willie Mitchell Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

RMM

APN/PARCEL ID

02-5059-0-0010

ASK ABOUT THIS PROPERTY

Nannette Bean FisherLeasing AngelsMore Info
901-794-4702

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Nannette Bean FisherLeasing AngelsMore Info
901-794-4702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.