774 MELROSE ST, Memphis, TN, 38104, US
$1,750,000
Active
Specification
| Type | Apartment Complex |
| MLS # | 10167542 |
| Heating | Gas |
| Parking | Asphalt/Blacktop |
| Publication date | Apr 30, 2024 |
| Lot size | 125 acres |
| Subdivision | MEACHAM&VOORHEIS |
| Year built | 1956 |
Updated: Apr 19, 2024
Great Investment opportunity with 24 one bedroom units 100% occupied. This property has many recent upgrades including new roof, exterior painting and more. Leco Realty has professionally managed property for several years. Annual cash flow numbers /rent rolls available upon request. Laundry facilities on site for additional income. Please do not disturb or contact any tenants. Make any offer subject to inspections. Property is being sold "as is". Property sold subject to tenants rights.
Valuation
| Gross Rental Income | $187,260 |
Great Investment opportunity with 24 one bedroom units 100% occupied. This property has many recent upgrades including new roof, exterior painting and more. Leco Realty has professionally managed property for several years. Annual cash flow numbers /rent rolls available upon request. Laundry facilities on site for additional income. Please do not disturb or contact any tenants. Make any offer subject to inspections. Property is being sold "as is". Property sold subject to tenan… Read more
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