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    3201 Thomas St

    Memphis, TN 38127
    • $2,000,000
    • STATUS: Pending
    • ON SITE: 140 days
    • ID#: 10076345
    Pending
    UPDATED: 18 min ago
    $2,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Braden, Braden & Braden is pleased to offer for sale the Shannon Falls Apartments, an 88-unit affordable multi-family, two-story, garden-style value add apartment complex, located in the North sub-market of Memphis, TN. The property has a well configured unit-mix, high visibility, and is situated in a convenient location. Shannon Falls is an excellent value-add investment opportunity.

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    © 2020 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2020-09-29T07:03:16.93.
    www.gowallacegroup.com/homes/105755320
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    3201 Thomas St Memphis, TN 38127

    • Price: $2,000,000
    • Status: Pending
    • Updated: 18 min ago
    • ID#: 10076345
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1954
    Built
    Neighborhood:
    Marsh
    County:
    Shelby
    Area:
    Westside
    Property Description
    Braden, Braden & Braden is pleased to offer for sale the Shannon Falls Apartments, an 88-unit affordable multi-family, two-story, garden-style value add apartment complex, located in the North sub-market of Memphis, TN. The property has a well configured unit-mix, high visibility, and is situated in a convenient location. Shannon Falls is an excellent value-add investment opportunity.
    Exterior Features

    Buildings 6 Construction BrickWood/Composition Foundation Slab Lot Size 217989 SF 306 X 725 Parking Facility Asphalt/Blacktop Roof Flat

    Interior Features

    Cooling Systems Central Floors And Ceilings Other (See Remarks) Heating Systems Central Hot Water Other (See Remarks) Laundry Common Laundry

    Property Features

    1 Bedroom Units 12 2 Bedroom Units 76 3 Bedroom Units 0 Annual City Tax 6851 Annual County Tax 8682 Assumption Other (Call La) Efficiency Studio Units 0 Existing Financing Other (See Remarks) Legal Subdivision Name Marsh Multifamily Type Apartment Complex New Financing Other (Call La) Operating Expenses AdvertisingInsuranceManagementOther (Call La)PayrollRepairs/MaintenanceSome UtilitiesTaxes Other Units 0 Possession At Closing Sale Includes Building And Land Source Of Info Brochure Tenant Pays ElectricGas Type Of Leases Monthly Type Of Units 1 Br - 1 Bath2 Br - 1 Bath

    Listing information © 2020 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Braden, Braden & Braden Llc.



    © 2020 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2020-09-29T07:03:16.93.
     
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    The Wallace Team - RE/MAX On Point
    5350 Poplar Ave., Ste 700
    Memphis TN, 38119