Registration is now open for our Wholesaling and Fix & Flip Bootcamps. Register Now!

Hide this

Investment @property Directory

Property for Sale » United States » Tennessee » Memphis » West Winchester

120 Unit Multi-family in Memphis

Commercial Income Property (Multifamily)

Listing Expired about 2 years ago

List Price:

$1,500,000

XXXX Plaza Drive
Memphis, Tennessee 38116 Get Map


Posted August 27, 2009



Description:

We are selling the non-performing note on this 120-unit apartment complex. Property appraised as-is for $2.4 million, with stabilized value appraisal of $3.24 mil. Note is for sale for $1.5 million. Foreclosure has been initiated. Buyer of note can complete foreclosure or contract with lender to close at completion of foreclosure. Lender may be willing to refinance.