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Total Rehab fixer upper Buyer needed | 1303 Beauregard St Memphis TN | 7222799997

This listing was posted on Americanlisted.

$190,000

Total Rehab fixer upper Buyer needed

Price:
$190,000
Location:
1303 beauregard st, Memphis, TN
Description:

This 32-unit gated apartment community consists of 4 separate 2-story buildings with 8 units eacheach. There are 16 studio apartments and 16 1-bedroom apartments. They could easily rentfor a minimum $550 each with potential for additional income. Each unit has separateelectrical & gas meters, but one common water meter. There is also one separate managerbuilding with a bedroom, full bath, kitchenette, & common laundry area. An appraisal wasdone in October 2012 for $855,000 (which is believed to be a very conservative, low-ballappraisal). This value would be substantially higher using the Gross Rent Multiplier approach.Address: 1292,1293,1302,1303 Beauregard St. Memphis, TnInterested send a NCND on your company letterhead along with a LOI
Property Type:
Commercial & Office Space for Rent
Amenities:
Gated
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More About this Listing: Total Rehab fixer upper Buyer needed
Total Rehab fixer upper Buyer needed is a Office Space for Rent at 1303 Beauregard St in Memphis TN. Find other listings like Total Rehab fixer upper Buyer needed and listings near 1303 Beauregard St by searching Oodle Classifieds for Office Space for Rent in Memphis TN.