1429 Court Ave

    Memphis, TN 38104
    • $2,300,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 10073556
    UPDATED: 37 min ago
    $2,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    This 40 unit building has had a major renovation, including new roof, new electrical, new plumbing, and new flooring! There are 32-1BR and 8-2BR units. The scheduled monthly rents are 26000.

    Monthly Payment Calculator



    © 2020 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2020-04-04T00:03:12.08.
    www.yourkeytomemphishomes.com/homes/104511611

    1429 Court Ave Memphis, TN 38104

    • Price: $2,300,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 10073556
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    Neighborhood:
    Madison Heights Blk 7
    County:
    Shelby
    Area:
    Central Gardens
    Property Description
    This 40 unit building has had a major renovation, including new roof, new electrical, new plumbing, and new flooring! There are 32-1BR and 8-2BR units. The scheduled monthly rents are 26000.
    Exterior Features

    Buildings 1 Construction Brick/Veneer Foundation Slab Land Sq Ft 31238 Lot Size 150 X 208.25 Parking Facility Asphalt/Blacktop Roof Composition

    Interior Features

    Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Wood Laminate Floors Heating Systems Wall Heat Hot Water Gas Improved Sq Ft 21200 Laundry Common Laundry Leaseable Sq Ft 21200

    Property Features

    1 Bedroom Units 32 2 Bedroom Units 8 3 Bedroom Units 0 Actual Annual Rent 296400 Annual City Tax 3354 Annual County Tax 4311 Annual Insurance Expenses 10000 Annual Operating Expenses 111640 Assumption No Assumption Average Annual Utilities 12000 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 312000 Legal Subdivision Name Madison Hgts Blk 7 Lot Number 5Andept6 Multifamily Type Apartment Building New Financing Conventional Operating Expenses InsuranceManagementRepairs/MaintenanceSome UtilitiesTaxes Other Units 0 Percent Occupancy 75 Possession Tenants Rights Sale Includes Building And Land Source Of Info Current RecordsLeasesRent Roll Tenant Pays Some Utilities Type Of Leases Year Type Of Units 1 Br - 1 Bath2 Br - 1 Bath

    Listing information © 2020 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Crye-Leike Commercial.



    © 2020 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2020-04-04T00:03:12.08.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120