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494 Walker Ave
Memphis, TN 38126
Multifamily Property For Sale
·
4 Units
Executive Summary
This 4 unit building is located just minutes south of downtown Memphis. The units are all 2 bedroom. The rents are currently under market at an average of $500 per unit. This is a good opportunity to complete a value add. Please do not disturb residents. Drive by only.
Property Facts Under Contract
| Price Per Unit | $65,705 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 5,256 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-MM | ||
| Price Per Unit | $65,705 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,256 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Opportunity Zone |
Yes |
| Zoning | R-MM |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $761.34 CAD | 700 |
Property Taxes
| Parcel Number | 02-5018-0-0010 | Improvements Assessment | $49,195 CAD |
| Land Assessment | $6,184 CAD | Total Assessment | $55,379 CAD |
Property Taxes
Parcel Number
02-5018-0-0010
Land Assessment
$6,184 CAD
Improvements Assessment
$49,195 CAD
Total Assessment
$55,379 CAD
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