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14-Unit Apartment - Memphis, TN 860 N 7th St Immeuble residentiel 14 lots 604 009 € (43 143 €/Lot) Memphis, TN 38107



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Informations principales sur l'investissement
- Five units are currently occupied with rental payments backed by the Memphis Housing Authority.
- Nine vacant units provide an immediate opportunity to increase asset value through lease-up.
- The building comprises approximately 10,500 square feet and is situated on a 0.49-acre lot.
- Memphis Housing Authority payment standards often exceed traditional street rents.
- All 14 units feature identical two-bedroom, one-bathroom floor plans, enabling streamlined management and maintenance.
Résumé analytique
Sands Investment Group is pleased to exclusively offer for sale the 10,500 SF, 14-Unit Apartment property located at 860 N 7th Street in Memphis, Tennessee. The asset benefits from government-backed cash flow, with five units occupied by Memphis Housing Authority (MHA) voucher tenants, providing reliable, consistent rental income supported by public funding. The property also offers a compelling value-add opportunity, with nine vacant units allowing a new owner to immediately enhance cash flow through lease-up.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
Informations sur l’immeuble
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 14 | - | 60 - 93 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Taxes foncières
| Numéro de parcelle | 02-2032-0-0041 | Évaluation des aménagements | 34 170 € |
| Évaluation du terrain | 26 024 € | Évaluation totale | 60 194 € |
Taxes foncières
Numéro de parcelle
02-2032-0-0041
Évaluation du terrain
26 024 €
Évaluation des aménagements
34 170 €
Évaluation totale
60 194 €
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Visite extérieure 3D Matterport
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14-Unit Apartment - Memphis, TN | 860 N 7th St
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