23 S McLean Blvd - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$1,650,000 USD
901-277-0477
23 S McLean Blvd, Memphis, TN for Sale
$1,650,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

23 S McLean Blvd
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Heart of Midtown Memphis
  • Updated Kitchens & Baths
  • Washers & Dryers
  • Hardwood Floors
  • Central Heating & Air

OVERVIEW

This charming 16 unit building is located near the heart of Midtown and on one of the more active visible streets in the area.. The units include studios , 1 bedrooms and 2 bedrooms. The scheduled monthly income is 16575. This building may be acquired individually , but it must close concurrently with the 16 unit building at 31 S. Mclean.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

16

PRICE/UNIT

$103,125

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

RMH

APN/PARCEL ID

01-7047-0-0005

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.