Description
Professionally managed and newly built four unit investment property offering a compelling blend of stability and upside in a fast growing part of Memphis - see for yourself on Google Maps. The property features modern construction and a new roof etc. This building features one 2 bedroom unit and 3 studio apartments. Two units are currently leased for $1925 total, providing immediate income, while two additional units are ready to be marketed at $799/month & $1050/month. Once fully occupied, the property offers strong projected cash flow and attractive returns for investors seeking newer multifamily assets in Memphis.
Location
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Listing Office: Renshaw Company, REALTORS
