This Property is no longer advertised on Showcase.com.
Off Market
1/14

650 Minor Rd
Memphis, TN 38111


HIGHLIGHTS

  • Tiger Flats is a modern 22-unit multifamily building offering a blend of one- and two-bedroom apartments with value-add potential.
  • At the heart of the city, tenants are in walking distance to University of Memphis and near it all, including the Highland Strip and Oak Court Mall.
  • Perfect opportunity for investors to lease-up vacancies at market rates creating a higher net operating income.
  • Within a 5-mile radius of Tiger Flats, the majority of households are renter-occupied and the population is experiencing steady growth.
  • Located a short distance from major retailers and essentials, including Walgreens, Kroger, Starbucks, McDonald’s, Wendy’s, and local businesses.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

Tiger Flats | Value-Add near UofM

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

22846

STORIES

2

YEAR BUILT

1966

PARKING SPACES

33

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

04-6011-0-0017C