31 S McLean Blvd - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$1,650,000 USD
901-277-0477
31 S McLean Blvd, Memphis, TN for Sale
$1,650,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

31 S McLean Blvd
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Mixture of Studios, 1-Bedroom and 2-Bedrooms
  • Near the Heart of Midtown Memphis
  • Central Heating and Air

OVERVIEW

This charming 16 unit multi family is located near the heart of Midtown Memphis. The units include studios, one bedrooms and two bedrooms with central heating and air. This property may be acquired individually. However, it must close concurrently with 23 S. Mclean. The scheduled monthly income is 17500. Please do not disturb residents, drive by only.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

16

PRICE/UNIT

$103,125

CAP RATE

Request Cap Rate

% LEASED

78%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

RMH

APN/PARCEL ID

01-7047-0-0006

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.