Listed by Mid South Realty
$3,500,000
Jackson Heights Apartments
Details
APN 06-2056-0-0163
Property Type Multifamily
Sub Type Apartment Building
Square Footage 32,700
Units 38
Price per SqFt $107
Class C
Buildings 4
Stories 2
Acreage 2.550
Zoning RU-3
Multi-Family Investment Opportunity - Memphis, TN - Jackson Heights Apartments
Marketing description
Prime Apartment Complex for Sale
Jackson Heights Apartments is a standout investment opportunity located in the heart of Memphis, Tennessee. This offering features 38 well-maintained units spread across four modern two-story buildings, making it the ideal addition to any commercial real estate portfolio.
Outstanding Property Features
38 apartment units across four two-story buildings
Recently renovated in 2023 — buildings and units are in excellent condition
On-site laundry facility providing valuable supplemental monthly income
Priced to sell at $3,500,000 — attractive value for savvy investors
Strong rental potential in a desirable Memphis location
Investment highlights
Jackson Heights Apartments is an exceptional multi-family investment for discerning commercial property investors seeking stable returns and long-term value. The recent renovations ensure minimal deferred maintenance, while the income-generating laundry facility adds to your bottom line. With competitive pricing and robust market demand, this property is positioned for strong performance in the thriving Memphis rental market.
Listing Contacts
Listed by Mid South Realty
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