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600 Patterson St
Memphis, TN 38111
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Central Heating & Air
- Updated Kitchens & baths
- Near The University of Memphis
Executive Summary
This 12 unit multi family is located next to the University of Memphis. The units include one and two bedrooms. The scheduled monthlyincome is 10800. This building may be acquired individually. However, it must close concurrently with the property at 592 Patterson.
Drive by only, please do not disturb residents.
Drive by only, please do not disturb residents.
Property Facts
| Price Per Unit | $129,876 CAD | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 8,758 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1967 |
| Apartment Style | Low-Rise | Parking Ratio | 1.42/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | RU-3 | ||
| Price Per Unit | $129,876 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 8,758 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.42/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RU-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,249 CAD | - |
| 1+1 | 2 | $1,249 CAD | - |
Property Taxes
| Parcel Number | 04-6024-0-0027C | Improvements Assessment | $187,706 CAD |
| Land Assessment | $36,918 CAD | Total Assessment | $224,624 CAD |
Property Taxes
Parcel Number
04-6024-0-0027C
Land Assessment
$36,918 CAD
Improvements Assessment
$187,706 CAD
Total Assessment
$224,624 CAD
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