No items found.
No items found.
Tennessee
Memphis, TN - 6.62M
Memphis
Cash
$
Memphis
Description:
Details:
An office to multifamily conversion that was complete one year ago. It currently has a 10 year PILOT that can be transferred to a buyer. It also has room in the rear for an additional multifamily building. Two units could be added to the existing building. Comes with a metal building behind the gate currently leases to a user.
Value Adds:
Miscellaneous:
Now Being Sold at a 7 cap, fully occupied, additional build opportunity
Studios: 15 | 1 x 1=10| 2 x 1= 11| 2 x 2= 2 | Total = 38 | BGll/LPN
Gated Access | Video Security | Ample Parking | Unit washer+dryer | Balcony or Patio
Extra Warehouse bldg Fully Leased
More details:
$
Memphis
CAP:
7%
Fee Paid By Buyer:
2%
NOI:
$464,000
Assumable Loan:
No
Seller Carry:
No
Doors:
38
Parking:
Price per Door:
174,189
Keys:
Price per Key:
Assumable Amount:
Class:
Build Year:
Conversion
Reno Year:
2024
Buildings:
1
Stories:
3
Under Roof SF:
Lot SF:
Zoning:
Contact us
For inquiries, reach out to taylor@introsatscale.com