NOT LISTED FOR SALE

972 Berclair Rd Memphis, TN 38122

Berclair Neighborhood
77 Beds
-- Bath
21,280 Sq Ft
1.04 Acres

Last Sold June 27, 2019

Last sale price $1,400,000 $66 Per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Laundry Facilities
  • Partially Carpeted

About This Home

As of June 2019

Presented is a mostly turn-key apartment complex located within the highly desired Berclair neighborhood. All 5 building recently painted, new roof (under warranty), 7" titanium gutters installed on all building, most of the units have been completed rehabbed, and the seller recently purchase a SkyCop. Drive by only.

Last Agent to Sell the Property

Patrick Bingham

Keller Williams License #326814 Listed on: 05/15/2019

Last Buyer's Agent

Alexander Hugo

Reedy & Company, REALTORS License #340563

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1962

Lot Details

  • 1.04

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 21,280 Sq Ft Home
  • Partially Carpeted
  • Leased Washer and Dryer

Additional Features

  • Lot Dimensions are 150x305
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 063003 00001

Community Details

Overview

  • 5 Buildings
  • 39 Units
  • Turley Dan Addn To Berclair Vista Subdivision

Additional Features

  • Laundry Facilities
  • Insurance Expense $8,900

Property Details

Home Type

Apartment

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Complex
  • MAAR Subdivision Name: Berclair Vista
  • Freestanding: Yes
  • List Price Per Sq Ft: 66
  • Estimated Sq Ft: 21280
  • Year Built: 1962
  • Construction: Brick
  • List Price Per Unit: 35897.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors/Ceilings: Partial Carpet

Exterior Features

  • Foundation: Laundry Facility
  • Roof: Composition

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Public Water
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Equipment Leased

Lot Info

  • Lot Size: 150X305

Rental Info

  • Actual Annual Rent: 165828
  • Tenant Pays: All Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 063003 00001

Multi Family

  • Perc Occ: 90
  • Total Number Of Units: 39
  • Number2 Bedroom Units: 38
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $1,400,000 0.0% $66 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $1,400,000 -- $66 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patrick Bingham

    Keller Williams

  • A

    Buyer's Agent in 2019

    Alexander Hugo

    Reedy & Company, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052664

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38122 Berclair

972 Berclair Rd, Memphis, TN

Not Listed for Sale

MultiFamily

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