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712 N 5th St 5 Unit Apartment Building $688,561 CAD ($137,712 CAD/Unit) Memphis, TN 38107

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EXECUTIVE SUMMARY

Completely renovated 5 unit- 2 BR/1 BA apartment building in Uptown.
Renovations include LVT flooring downstairs, carpet upstairs, LVP, all new electrical, plumbing, HVAC units, new roof, windows, millwork/cabinetry, new sheet rock.

712 N 5th Street

PROPERTY FACTS

Price	$688,561 CAD	Lot Size	0.18 AC
Price Per Unit	$137,712 CAD	Building Size	7,710 SF
Sale Type	Investment	No. Stories	2
No. Units	5	Year Built	1966
Property Type	Multifamily	Parking Ratio	0.65/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	MDR - Moderate Density Residential District

Price	$688,561 CAD
Price Per Unit	$137,712 CAD
Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.18 AC
Building Size	7,710 SF
No. Stories	2
Year Built	1966
Parking Ratio	0.65/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MDR - Moderate Density Residential District

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
2+1	5	-	-

1 1

Walk Score®

Very Walkable (71)

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PROPERTY TAXES

Parcel Number	00-1081-0-0007	Improvements Assessment	$100,300 CAD
Land Assessment	$14,943 CAD	Total Assessment	$115,243 CAD

PROPERTY TAXES

Parcel Number

00-1081-0-0007

Land Assessment

$14,943 CAD

Improvements Assessment

$100,300 CAD

Total Assessment

$115,243 CAD

(901) 201-9323

CONTACT

Reynolds Willis
NAI Saig Company

Listing ID: 26312089
Date on Market: 2022-08-02
Last Updated:
Address: 712 N 5th St, Memphis, TN 38107

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