737 Court Ave - Apartments FOR SALE


Memphis, TN 38105- Medical District
$700,000 USD
901-767-1998
737 Court Ave, Memphis, TN for Sale
$700,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

737 Court Ave
Memphis, TN 38105
Medical District


HIGHLIGHTS

  • Call broker Steve Woodyard for more information 901-767-1998
  • Click on the data room link to access OM
  • More information on our property listing page - click link below to access!

OVERVIEW

Surrounded by Class A Apartments, the rents are well below market! Each apartment boasts unique updates, ranging from minor enhancements to full-scale renovations (new flooring, contemporary cabinets and countertops, brand-new appliances, and in-unit washer/dryer). Walking distance to diverse restaurants and University of Tennessee Health Science Center campus.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

8

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Faulkner Court Apts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RMH

APN/PARCEL ID

02-3017-0-0004

ASK ABOUT THIS PROPERTY

Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

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Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.