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1088 National St
Memphis, TN 38122 Berclair

$1,074,000 USD

Apartments For Sale • 14,000 SF

Property Details

Property Type Apartments
Total Building Size 10,304 SF
Lot Size 0.44 AC
Building Class C
Year Built 1965
Cap Rate 9.84 %
Zoning C-L

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                Central Heating & Air
                            
                                Washers & Dryers and Stoves & Refrigerators

Financial Summary (Proforma)

Net Operating Income: $105,644 USD (2026)

Cap Rate:	9.84 %
Total Expenses:	$41,956 USD

Amenities

24 Hour Access
Air Conditioning
Microwave
Tenant Controlled HVAC
Heating
Recycling
Smoke Free
Trash Pickup - Curbside
Security System
Kitchen
Refrigerator
Oven
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley))	14 min	-	7.9 mi
Airport	Drive	Walk	Distance
Memphis International	22 min	-	10.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes

Jeffrey Moore 901-277-0477 Crye-Leike Commercial

1088 National St Memphis, TN 38122 Berclair