Apartment Buildings /TN /Shelby County /Memphis /196 N Auburndale St
Apartment Buildings /TN /Shelby County /Memphis /196 N Auburndale St

196 N Auburndale St - Apartments FOR SALE


Memphis, TN 38112 | 
$795,000 USD
901-277-0477
196 N Auburndale St, Memphis, TN for Sale
$795,000 USD
Apartments - FOR SALE
1/57
null | 10.49% Cap Rate
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196 N Auburndale St
Memphis, TN 38112

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HIGHLIGHTS

  • Classic 4 Plex
  • Booming Midtown Memphis
  • Recently Rehabbed
  • New Roof
  • New Electrical
  • Short Term Rental thru Air B & B

OVERVIEW

This classic midtown 4 plex has been recently rehabbed. The units are large 1 bedrooms with central heating and air. The property has been operated as a short term rental with Air B & B. Monthly rentals have averaged over 3000 per month per unit. Drive by only. Please do not disturb residents

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

4

PRICE/UNIT

$198,750

CAP RATE

10.49%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

RU-3

APN/PARCEL ID

02-0064-0-0016

ASK ABOUT THIS PROPERTY

Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

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Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

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

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