3721 Millbranch Rd, Memphis, TN 38116

$1,538,000

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List Price
$1,538,000
Status
ACTIVE
Days on Market
2
MLS#
10231572
Year Built
1969
Lot Size
431.65 X 171.17 IRR
Subdivision
LONNIE E. ROBERTS

Property Description

This 20 unit has all 2 bedroom units. The property has a long-established rental history and scheduled rents of approximately $15,500 per month .Located minutes from Memphis International Airport and major FedEx and UPS employment hubs, the property is positioned near some of Memphis' most significant employment activity. The retiring owner is ready to make a deal and has reduced the price to generate serious activity. This is an opportunity for an experienced investor

Additional Information

Exterior Construction
Brick, Shake/Shingle
Stories
2
Roof
Composition
Foundation
Slab

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Crye-Leike Commercial.

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