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Brian Estes
  • Memphis, TN
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59
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41 Unit Townhouse Development For Sale - Memphis TN Market Area

Brian Estes
  • Memphis, TN
Posted Nov 30 2015, 17:18

Very Nice 41 Unit Semi Attached Townhouse Development For Sale - Owner is the developer. 

All units are Fee -Simple so someone could purchase the entire development and then resale individual units at a mark-up.

Built in 1984

5 2 bedroom/1.5 bath 873 SF Units Average Rent - $640
12 2 bedroom/1.5 bath 1240 SF Units Average Rent - $730
24 3 bedroom/2 bath 1500 SF Units Average Rent - $840

All units are rented at below market rates due to long term tenants. 

Contact me for more details

Offering