3719 Millbranch Rd - Apartments FOR SALE


Memphis, TN 38116- Whitehaven
$1,546,000 USD
901-277-0477
3719 Millbranch Rd, Memphis, TN for Sale
$1,546,000 USD
Apartments - FOR SALE
1/16
null | 9.11% Cap Rate

3719 Millbranch Rd
Memphis, TN 38116
Whitehaven


HIGHLIGHTS

  • Central Heating & Air
  • Stoves & Refrigerators
  • Close to Memphis Airport, Graceland, FedEx and UPS

OVERVIEW

Millbranch is a 20-unit multifamily community featuring 2-bedroom units with central heating and air. Each unit is equipped with stoves and refrigerators, offering residents comfortable and functional living accommodations. Ideally located just minutes from FedEx, UPS, Memphis International Airport, and Graceland, the property benefits from strong employment and tourism drivers. The scheduled monthly rental income is $14,950 per month. Please do not disturb residents, drive by only.

FOR SALE DETAILS

PRICE

$1,546,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

20

PRICE/UNIT

$77,300

CAP RATE

9.11%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3721 Millbranch Rd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,198 SF

ZONING

R-ML

APN/PARCEL ID

07-8032-0-0001C,078032 00001C

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.