Apartments For Sale • 71,707 SF
Stabilized Asset In Rapid Organic Rent Growth Sub Market |
Immediate Upside Potential Of Over $50 Per Unit |
High Historical Occupancy |
Each Individual Building has been Completely Renovated |
Initial Cash On Cash Return of 8.05 Percent |
Year One Pro Forma Cap Rate of 10.05 Percent |
Total Expenses: | $172,811 USD |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Diamond Equity - Oakwood Meadows Estates | 500 SF | |
Lubin- Oakwood Meadows Estates Apartments | 10,780 SF |
Airport | Drive | Walk | Distance |
---|---|---|---|
Memphis International | 5 min | - | 3.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 140 |
Type: | Surface |
Included in Rent: | Yes |