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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Subdivision Graham Square Apts Project
MLS Listing ID 10126246
Sold Date 09/09/22
Year Built 1975
Annual Tax Amount $17,419
Property Description
Rare opportunity for an investor looking to purchase a value-add property in the desirable Berclair community. Significant upside through interior unit renovations, enhancing the common areas and improving operations. Located near the most highly sought-after Grahamwood Elementary School, new commercial development and within minutes from Memphis International Airport, Downtown Memphis, FedEx Forum, AutoZone Park, the famous Beale Street and much, much more! OCCUPANCY RATE INCREASED TO 98.5%.
Location
State TN
County Shelby
Area Kingsbury
Interior
Heating Central
Cooling Central
Flooring Partial Carpet
Laundry Connections
Exterior
Garage Asphalt/Blacktop
Roof Type Pitched
Building
Foundation Slab
Water Electrical
Others
Acceptable Financing Other
Listing Terms Other
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Bought with Karen Lynn • REMAX Experts, LLC
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