Log In/Sign Up
Your email has been sent.
Cedar View Apartments 3917 Dunn Rd 10 Unit Apartment Building $1,200,606 CAD ($120,061 CAD/Unit) 8.85% Cap Rate Memphis, TN 38111
Investment Highlights
- Fully Renovated
- Granite Countertops, Washers & Dryers
- All 2-bedroom
Executive Summary
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.
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.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$146,408
|
$14.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$146,408
|
$14.72
|
| Taxes |
$20,855
|
$2.10
|
| Operating Expenses |
$19,264
|
$1.94
|
| Total Expenses |
$40,119
|
$4.03
|
| Net Operating Income |
$106,289
|
$10.68
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $146,408 |
| Annual Per SF | $14.72 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $146,408 |
| Annual Per SF | $14.72 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,855 |
| Annual Per SF | $2.10 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $19,264 |
| Annual Per SF | $1.94 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,119 |
| Annual Per SF | $4.03 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $106,289 |
| Annual Per SF | $10.68 |
Property Facts
| Price | $1,200,606 CAD | Building Class | C |
| Price Per Unit | $120,061 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 9,948 SF |
| Cap Rate | 8.85% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.51/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-MM | ||
| Price | $1,200,606 CAD |
| Price Per Unit | $120,061 CAD |
| Sale Type | Investment |
| Cap Rate | 8.85% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,948 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R-MM |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,149 CAD | 850 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 05-8082-0-0001 | Total Assessment | $111,307 CAD (2025) |
| Land Assessment | $22,676 CAD (2025) | Annual Taxes | $20,855 CAD ($2.10 CAD/SF) |
| Improvements Assessment | $88,631 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
05-8082-0-0001
Land Assessment
$22,676 CAD (2025)
Improvements Assessment
$88,631 CAD (2025)
Total Assessment
$111,307 CAD (2025)
Annual Taxes
$20,855 CAD ($2.10 CAD/SF)
Tax Year
2026
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Cedar View Apartments | 3917 Dunn Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.