$2,600,000
$3,350,000
22.4%For more information regarding the value of a property, please contact us for a free consultation.
56,144 SqFt
SOLD DATE : 11/12/2025
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 56,144 sqft
Price per Sqft $46
Subdivision Brook Hollow Commercial
MLS Listing ID 10192160
Sold Date 11/12/25
Year Built 1973
Annual Tax Amount $3,240
Property Sub-Type Apartment Complex
Property Description
This 48-unit property is a value add opportunity located near East Memphis. There are 43-3/BR units and 5-2/BR units. The scheduled monthly income is 45509 per month at full occupancy. 12 units are remaining to be rehabbed. Drive by only. Please do not disturb residents.
Location
State TN
County Shelby
Area Airport/Oakhaven
Interior
Heating Central, Electrical
Cooling Central, Electrial
Flooring Vinyl Floor
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Pitched,Shingle/Shake
Building
Foundation Slab
Water Electrical, Public Sewer, Public Water
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Jeffrey B Moore • Crye-Leike Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "