Unique apartment PACKAGE of 51 units on 18 properties all located in MIDTOWN. Each property is 2, 3 or 4 units. Neighborhoods include Midtown, Central Gardens, Cooper-Young, Evergreen and Vollintine/Evergreen. All units 100% occupied in July. Investors could keep the rentals cash flowing as is, upgrade & increase rents, turn some units into short rentals, or turn some into condos. Priced @ $70k/unit, Cap Rate 8%. Owner will not separate package. Call Perk Realty for package details.
Thanks, Joe for being such a great help in buying our condo! If you are considering buying or selling in Memphis, give Joe Spake a try. He knows what he is doing, knows all the people, knows all the tricks, and is very honest with you. Sometimes telling you things you may not want to hear. Joe makes the buying process easy, explains every detail along the way, so you know exactly where you are in the process. Thanks again, Joe!dwaynebutcher