Memphis, TN Apartment Buildings for Sale

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1091 Leath Street

Memphis, TN 38107

Multi-Family

$4,900950 SF

Offered at half of its Wholesale Value. This is a single family home has 3 bedroom and 2 bathrooms. It was a recent U.S Bank foreclosure. Available for sale at a fraction of its value. Home is located at 1091 Leath St Memphis TN 38107. Built in 1929. All wholesale assets are sold as is where is of course. Property is vacant and will need interior rehab. This is a very recent Foreclosures and transactions will be completed by our office at NO additional closing cost to buyer..... 20% EMD (Deposit) to be held by agent. This seller Global Premier Asset Servicing has Nationwide Wholesale listings with 150 Wholesale Detroit Michigan properties to liquidate price from $3,900 to $15,000 on average. If interested, please e-mail us for our website.

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371 S Orleans Street

Memphis, TN 38126

Multi-Family

$91,0006,508 SF

Eight unit apartment building, Currently has two tenants with cap rate for 4%. Fully occupies Cap Rate potential of 20%-Great investment opportunity!

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1734 Hunter Avenue

Memphis, TN 38108

Multi-Family

$75,0003,600 SF

This charming seven unit apartment building sits on a quarter acre lot. Three units are currently occupied. When fully rented, property runs a 15% cap rate.

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1695 Ontario Avenue

Memphis, TN 38127

Multi-Family

$149,00045,554 SF

Liquidating inventory. Needs full and complete rehab, currently secured. Great investment property, suited for repositioning.

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1116 Poplar Avenue

Memphis, TN 38105

Multi-Family

Price Upon Req.19,140 SF

The Residences at the Greenstone is an 18 unit condo development located in teh Medical District of Memphis, TN. The property was completely rehabbed and finished back in 2008 at the decline of the condo market. The owner sold 5 units and leased the rest, including his own unit. Since leasing, the property has remained 100% occupied. The community offers large 2 and 3 bedroom units with top of the line finishes including: 9' and 10' ceilings, hardwood flooring, SS appliances, marble floors and countertops, washer/dryer in units and gated parking. The Residences at the Greenstone offers an investor an attractive holding and exit strategy day one. Individual unit sales will range between $150,000-$300,000. Cap rates range from 6.22-8.5 depending in the efficiency of the unit. Units can be purchased individually or multiples at a time.

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1011 Mosby Road

Memphis, TN 38116

Multi-Family

$47,5001,427 SF

PRICE REDUCED!!! Newly refurbished home with wow factor. Home located in great neighborhood. Good cash flow property for an investor. Only Cash offers please, price will be negotiable.

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436 S Front Street

Memphis, TN 38103

Multi-Family

$4,100,00028,805 SF

New Class A development consists of 28 apartment units and one 970 SF unfinished ground floor space. Interior finishes: new cabinets, granite counter tops, SS appliances, laminate or stained concrete flooring; $50/mo underground covered parking (24 spaces)

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108 N Belvedere Boulevard

Memphis, TN 38104

Multi-Family

$621,0003,400 SF

This is a package of 23 Condominium units in Belvedere Gardens. Most are 2 bedroom, 1 bath units.

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288 LEATH

MEMPHIS, TN 38105

Multi-Family

$137,000Size Upon Req.

MULTI-UNIT (8) APARTMENT COMPLEX; IT IS 60% RENTED AND REHABBED; ALL 1 BEDROOM 1 BATH UNITS; TENANT PAYS ELECTRICAL AND GAS AND OWNER PAYS WATER

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3551 Dalebranch Drive

Memphis, TN 38116

Multi-Family

$4,700,000360,744 SF

Constructed in 1973, Winbranch offers one and two bedroom garden-style units averaging 805 square feet. A capital infusion is required to re-establish the asset as a vibrant rental community. The property is currently 50% occupied due to a lack of available rent-ready units, but the exterior is low maintenance brick and vinyl siding. This provides the opportunity for an investor to focus on interior renovations and reposition the asset quickly as units become available to rent. Regression graphs in the package show the opportunity for additional upside though rental increase, as well. Few properties in the submarket have undergone significant capital improvements and those that do typically separate themselves from the competitive set from an operations perspective.

Memphis, TN Apartment Buildings for Sale

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