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Carmen Prince

Crye-Leike Realtors
Atoka, TN 38004
Direct: 901-848-2277
Office: 901-840-1181
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TN RE # 00294526

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Listing 7 out of 1,621
$2,136,000 For Sale

1058 Peabody
Memphis, TN 38104

24 units | Multi Family Home - MLS# 10039855
Property Photo
1/12

Description

Victorian Apartments for sale, 24 unit apartment complex, fully leased professionally managed, rehabbed completely inside/out in 2017 with new bamboo floors, all new electrical, plumbing, roof, HVAC, central heat/air, all new sheetrock/paint, appliances, new paved parking lot, gated, security cameras, laundry room, basement and more. Property sits on full block of S Camilla, Vance, ML King and Peabody. Current management can stay for new owner.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartment Building
  • Listing Status: Active
  • County/Area: Shelby County
  • Zip Code: 38104
  • Year Built: 1928
  • Subdivision/Neighborhood: Dunn 2nd Add
  • Units: 24 units
  • Lot Size: 223.5X164.5
  • Area: 745C
  • # 1 Bedroom Units: 13
  • # 2 Bedroom Units: 9
  • # 3 Bedroom Units: 2
  • # Of Buildings: 3
  • # Other Units: 1
  • Actual Annual Rent: 195960
  • Amenities: Security System,Dumpster
  • Annual Insurance Expenses: 3418
  • Annual Operating Expenses: 23000
  • Appliances/Equipment: Refrigerator,Range/Oven (Freestanding),Smoke Detector(s),Other (See REMARKS)
  • Construction: Brick
  • Cooling Systems: Central
  • Floors/Ceilings: Hardwood Throughout,Dry Wall
  • Foundation: Full Basement,Laundry Facility
  • Gross Potential Annl Rent: 195960
  • Heating Systems: Central
  • Hot Water: Gas,Public Water,Public Sewer
  • Laundry: Common Laundry
  • Miscellaneous Exterior: Sidewalks,Security Lighting,Some Landscaping,Fully Fenced,Security Gate,Ceiling Fan(s)
  • Operating Expenses: Management,Insurance,Some Utilities,Trash Collection,Repairs/Maintenance
  • Parking Facility: Asphalt/Blacktop,Assigned
  • Percent Occupancy: 100
  • Roof: Composition
  • Sale Includes: Building and Land,All Equipment,All Appliances
  • Tenant Pays: All Utilities,Security Deposit,Pet Depost
  • Trade/Business Name: Victorian Apartments
  • Type Of Leases: Monthly
  • Type Units: 1 BR - 1 Bath,2 BR - 1 Bath,3 BR - 1+ Baths,Some Fireplaces
Courtesy of Kaizen Realty, Llc, Sam Tiwana, 901-221-4041


Carmen Prince, Broker
Crye-Leike Realtors
13690 Highway 51 S.
Atoka, TN 38004
Direct: 901-848-2277
Office: 901-840-1181
Email: carmen@carmenprince.com
TN RE # 00294526

Testimonials

Being a military relocation, we have moved several times in my career. I had the recent pleasure of Carmen being my Realtor. She is experienced and very knowledgeable from negotiations to timelines in a Military move. My wife and I highly recommend her services. Mike & Gail, Atoka, TN
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