Description
Excellent investment opportunity in East Memphis! Newly renovated 10-unit multifamily property conveniently located just off Walnut Grove Road. Property is currently approximately 80% occupied and generating over $8,600 per month in rental income, offering immediate cash flow with additional upside through lease-up and rent optimization. Recent improvements have enhanced the property's appeal and tenant desirability. Situated in a highly accessible location near major employment centers, shopping, dining, and transportation corridors. Whether you're looking to expand your portfolio or acquire a stabilized asset with value-add potential, this property presents a compelling opportunity. Financial information available upon request. Buyer to verify all information deemed important. DO NOT DISTURB TENANTS
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01/2 BATHS
School Ratings & Info
Description
Excellent investment opportunity in East Memphis! Newly renovated 10-unit multifamily property conveniently located just off Walnut Grove Road. Property is currently approximately 80% occupied and generating over $8,600 per month in rental income, offering immediate cash flow with additional upside through lease-up and rent optimization. Recent improvements have enhanced the property's appeal and tenant desirability. Situated in a highly accessible location near major employment centers, shopping, dining, and transportation corridors. Whether you're looking to expand your portfolio or acquire a stabilized asset with value-add potential, this property presents a compelling opportunity. Financial information available upon request. Buyer to verify all information deemed important. DO NOT DISTURB TENANTS
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