3917 Dunn Rd - Apartments FOR SALE


Memphis, TN 38111- Audubon Park
$846,284 USD
901-277-0477
3917 Dunn Rd, Memphis, TN for Sale
$846,284 USD
Apartments - FOR SALE
1/17
null | 8.85% Cap Rate

3917 Dunn Rd
Memphis, TN 38111
Audubon Park


HIGHLIGHTS

  • Fully Renovated
  • All 2-bedroom
  • Granite Countertops, Washers & Dryers

OVERVIEW

A fully renovated 10-unit multifamily asset in a strong Memphis rental corridor. The property features ten 2BR/1BA units generating $8,050/month in scheduled income. Recent upgrades include new electrical, central HVAC, kitchen cabinets, and granite countertops. Each unit is equipped with in-unit washers/dryers, stoves, and refrigerators. These improvements significantly reduce near-term capital expenditures for a new owner. Please do not disturb residents and drive by only.

FOR SALE DETAILS

PRICE

$846,284 USD

PRICE/SF

$85 USD /SF

# OF UNITS

10

PRICE/UNIT

$84,628

CAP RATE

8.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

R-MM

APN/PARCEL ID

05-8082-0-0001

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.