Rare opportunity to acquire a value-add apartment in an up and coming area. This complex is 33/34 units all 2BR 1 BA w/ Pitched Roofs, Central A/H. Has onsite Laundry. Annual gross potential rent is $367,000. Property needs renovations as it's being sold as a vacant complex. Willie Mitchell world famous studio is located across the street. 6 minutes drive to Downtown Memphis, 15 mins to Airport/FedEx World Hub & 5 mins to developing Soulsville. Contact me w/ questions!
Features
68 bedrooms
crop_free52359 sq. ft. lot size
cottageMulti-Family
Property history for 1297 Willie Mitchell Boulevard
2022
Sold
$725,000
12 Sep 2022 by John Cornes, of Braden, Braden & Braden LLC
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Local market activity for 68 bedroom multi families in Memphis
Sold
For Sale
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