1616 Monroe Ave - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$895,000 USD
901-277-0477
1616 Monroe Ave, Memphis, TN for Sale
$895,000 USD
Apartments - FOR SALE
1/24
null | 6.84% Cap Rate

1616 Monroe Ave
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Midtown 8 units
  • Fully Renovated
  • Appliances including washer/dryers
  • All 1 bedrooms

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

8

PRICE/UNIT

$111,875

CAP RATE

6.84%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RMH

APN/PARCEL ID

01-7039-0-0027

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 Notice.