Description
Value-add multifamily opportunity in Midtown Memphis! This 8-unit property features a desirable mix of four studios and four- 1 bedroom 1 bath units. Four units are currently occupied $750-$900 The remaining four units consist of two studios and two- 1 bedroom units and are partially renovated and in need of completion Property offers an opportunity for an investor to complete renovations, improve operations, and stabilize the asset. Offered at ~$56,000 a door. Conveniently located near Downtown Memphis, Medical District, and Midtown amenities. Property being sold As-Is. Please do not disturb tenants.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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5,184SQFT
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$87$/SQFT
School Ratings & Info
Description
Value-add multifamily opportunity in Midtown Memphis! This 8-unit property features a desirable mix of four studios and four- 1 bedroom 1 bath units. Four units are currently occupied $750-$900 The remaining four units consist of two studios and two- 1 bedroom units and are partially renovated and in need of completion Property offers an opportunity for an investor to complete renovations, improve operations, and stabilize the asset. Offered at ~$56,000 a door. Conveniently located near Downtown Memphis, Medical District, and Midtown amenities. Property being sold As-Is. Please do not disturb tenants.
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