21 Diana St - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$1,950,000 USD
650-430-6644
21 Diana St, Memphis, TN for Sale
$1,950,000 USD
Apartments - FOR SALE
1/24
null | 6.65% Cap Rate

21 Diana St
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Value Add Potential - Increase Rents By $400/month
  • Best Location In Memphis

OVERVIEW

This property is cash flowing, fully occupied, and ready for a new owner. Value add potential to improve all the units and increase rents from $950/month to close to $1,400/month. Reach out to me for more information and up to date financials for this property.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$115 USD /SF

# OF UNITS

16

PRICE/UNIT

$121,875

CAP RATE

6.65%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

At the Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

RMM

APN/PARCEL ID

01-7064-0-0006

ASK ABOUT THIS PROPERTY

Antoine MartelAntoine MartelMore Info
650-430-6644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Antoine MartelAntoine MartelMore Info
650-430-6644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.