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. This property has an assumable Freddie Mac loan. Seller is open to seller financing. Subject to. Sub2

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

100%

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

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Antoine MartelAntoine MartelMore Info
650-430-6644

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