Multifamily

Five Units - University of Memphis Area

3149 Southern Ave, Memphis, TN 38111

Listing Price: $280,000

Cap Rate
12.43%
Number of Units
5
GRM
8.05
Occupancy
100.00%
Price/Unit
$56,000
Price/Gross SF
$66.67
Gross SF
4,200

Investment Overview

5 units
Large Lot
12% Cap!

Investment Highlights

  • Five Units in the University of Memphis Area With a 12 Percent Cap Rate
  • Value-Add Opportunity
  • AirBnB Potential
  • Great First Time Investment Property

Exclusively Listed By

Multifamily

Five Units - University of Memphis Area

Listing Price: $280,000

Cap Rate
12.43%
Number of Units
5
GRM
8.05
Occupancy
100.00%
Price/Unit
$56,000
Price/Gross SF
$66.67
Gross SF
4,200

Investment Highlights

  • Five Units in the University of Memphis Area With a 12 Percent Cap Rate
  • Value-Add Opportunity
  • AirBnB Potential
  • Great First Time Investment Property

Investment Overview

5 units
Large Lot
12% Cap!

Exclusively Listed By

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