Attractive investment opportunity with strong in-place tenancy and significant value-add potential through rent growth. Gated community features beautifully updated units with high-end finishes, including quartz countertops, white shaker cabinets, luxury vinyl plank flooring, marble-style bathrooms, and stainless steel appliances. Stable tenant base with upside potential for further income growth. 82% Occupied, Fully Renovated.
Features
61 bedrooms
cottageMulti-Family
Property history for 1076 Merriwether Avenue
2020
Sold
$642,000
30 Oct 2020 by Jeffrey Moore, of Crye-Leike Commercial
2017
Sold
$467,500
29 Mar 2017 by Jeffrey Moore, of Crye-Leike Commercial
Happy sellers in Memphis
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Local market activity for 61 bedroom multi families in Memphis
Sold
For Sale
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