NOT LISTED FOR SALE
62 Beds
-- Bath
-- Sq Ft
2.55 Acres

Last Sold June 18, 2021

Last sale price $1,148,900

194 Days on Market

Highlights

  • 2.55 Acre Lot
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Balcony

About This Home

As of June 2021

Located within a Single Family Residential Neighborhood Cul-de-Sac. This Apartment Community includes a mix of 1,2,3 bedroom units near the Berclair area. Washer / Dryer Connections, Central Heat / Air, Individually Metered. Buildings onsite include: 4 Apartment Buildings + 1 Fire Apartment Building that could be rebuilt as a Self-Storage Building for a Value Add, Office Building, and Storage Building with Electricity. Do not disturb tenants / community Thank you!

Last Agent to Sell the Property

Leslie Pickett

BHHS Taliesyn Realty License #338239 Listed on: 11/04/2020

BHHS Taliesyn Realty

Last Buyer's Agent

Leslie Pickett

BHHS Taliesyn Realty License #338239 Listed on: 11/04/2020

BHHS Taliesyn Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1972

Lot Details

  • 2.55

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Flooring

  • Laminate
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Balcony
  • 2.55 Acre Lot

Community Details

  • 4 Buildings
  • 30 Units
  • The Oaks Subdivision

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • Assessor Parcel Number 062056 00163

Property Details

Home Type

Apartment

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MLS Map #: 752B
  • MAAR Subdivision Name: OAKS (THE)
  • Price Per Sq Ft: 450549.02
  • Year Built: 1972
  • Construction: Brick, Wood/Composition
  • List Price Per Unit: 45000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Vinyl Floor, Wood Laminate Floors

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Facility: Concrete

Utilities

  • Hot Water: Gas
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Connections

Association/Amenities

  • Amenities: Balcony/Patio

Lot Info

  • Lot Number: 2
  • Acreage: 2.55
  • Lot Size: 111078 SF 251 X 327
  • Price Per Acre: 529412

Rental Info

  • Actual Annual Rent: 201540
  • Tenant Pays: Electric, Trash Collection
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 062056 00163

Multi Family

  • Perc Occ: 93
  • Total Number Of Units: 30
  • Number1 Bedroom Units: 8
  • Number2 Bedroom Units: 12
  • Number3 Bedroom Units: 10
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath, 3 BR - 1 Bath, 3 BR - 1+ Baths

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $1,148,900 -14.9% --
11/04/2020 11/04/20 For Sale $1,350,000 -- --
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088263

Memphis Area Association of REALTORS®