2038 Southern Ave - Apartments FOR SALE


Memphis, TN 38114
$3,120,000 USD
901-273-6648
2038 Southern Ave, Memphis, TN for Sale
$3,120,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

2038 Southern Ave
Memphis, TN 38114


OVERVIEW

Newly renovated in 2022! The property is stabilized and turn-key. In Memphis' historic Cooper Young district: a hot spot for restaurants, bars, and the arts. Renovation included new flooring, updated kitchens, fully-finished bathrooms, exterior finished, and beautiful landscaping. All units equipped with stacked washer/dryers.

FOR SALE DETAILS

PRICE

$3,120,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

24

PRICE/UNIT

$130,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Wendell

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

RMM

APN/PARCEL ID

03-1117-0-0014

ASK ABOUT THIS PROPERTY

Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

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Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

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