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34516677
34516679

3 Locations For Sale

AW
TN TN 335853
Crye-Leike Commercial Memphis
Listed by Crye-Leike Commercial Memphis
$759,000
0 days on market
Updated 0 days ago

3-Property Investment Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,471
Cap Rate 8.66%
NOI $65,703
Occupancy 100%
Tenancy Single
Buildings 3

Multifamily | 8.66% CAP

Marketing description

This is a 3-property investment portfolio offering four separate income-producing properties located in Memphis, Tennessee. The portfolio includes properties at 1661 Lamar, 1985 Court, and 3478 Old Allen, generating combined monthly rental income of $6,167.

Listing Contacts

AW
TN TN 335853
Crye-Leike Commercial Memphis
Listed by Crye-Leike Commercial Memphis

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,703.24
$5,475.27/mo

Valuation Metrics

0
DSCR
8.66%
Cap Rate
8.66%
ROI

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Additional Information

Name
Andy Walker
License
TN 335853
Brokerage
Crye-Leike Commercial
Brokerage Phone
901-758-5670
Title
Asst Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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