3604 Midland Ave - Specialty FOR SALE


Memphis, TN 38111- Audubon Park
$350,000 USD
3604 Midland Ave, Memphis, TN for Sale
$350,000 USD
Specialty - FOR SALE
1/12
null | Request Cap Rate

3604 Midland Ave
Memphis, TN 38111
Audubon Park


OVERVIEW

TERRIFIC INVESTMENT OPPORTUNITY! This former fraternity house is steps away from the University of Memphis and could be a wonderful multi-family development. Extremely rare opportunity to buy this apartment this close to campus, these opportunities do not come around very often. Huge development across the street was completed and this could provide solid returns for years to come. Circular driveway allows for plenty of parking. Cash offers strongly preferred. Property being sold As-Is, Property does need substantial repairs. Value is in the land, but the interior can be redone and could be a very nice property. ONLINE VIDEO AVAILABLE UPON REQUEST.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,001 SF

ZONING

RS-6

APN/PARCEL ID

04-6003-0-0018

ASK ABOUT THIS PROPERTY

Tyler TapleyCrye-Leike RealtorsMore Info

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