975 Marble Ave - Apartments FOR SALE


Memphis, TN 38107
$114,900 USD
901-277-0477
975 Marble Ave, Memphis, TN for Sale
$114,900 USD
Apartments - FOR SALE
1/1
null | 10.56% Cap Rate

975 Marble Ave
Memphis, TN 38107


HIGHLIGHTS

  • Newer Roof
  • Recently Renovated
  • Near Downtown Memphis
  • Good Upside Rents

OVERVIEW

This property is near Downtown Memphis and has 2 bedrooms, 1 bath within each unit. The scheduled monthly income is 1,224 per month. Ideal property for an owner occupant. Drive by only. Please do not disturb residents.

FOR SALE DETAILS

PRICE

$114,900 USD

PRICE/SF

$71 USD /SF

# OF UNITS

2

PRICE/UNIT

$57,450

CAP RATE

10.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,471 SF

ZONING

RU-1

APN/PARCEL ID

021050 00085C

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.