Excellent investment opportunity in East Memphis! Newly renovated 10-unit multifamily property conveniently located just off Walnut Grove Road. Property is currently approximately 80% occupied and generating over $8,600 per month in rental income, offering immediate cash flow with additional upside through lease-up and rent optimization. Recent improvements have enhanced the property's appeal and tenant desirability. Situated in a highly accessible location near major employment centers, shopping, dining, and transportation corridors. Whether you're looking to expand your portfolio or acquire a stabilized asset with value-add potential, this property presents a compelling opportunity. Financial information available upon request. Buyer to verify all information deemed important. DO NOT DISTURB TENANTS
Listed By
Agency Name: KAIZEN Realty, LLC
Shown By
Agent Name: Loura Edmondson
Agent Phone: (901) 262-2202
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 2,303.02 per month $2,036.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $266.85 Homeowner's Insurance
160 Hayden Pl | MLS# 10222742
This multi-family property located at 160 Hayden Pl, Memphis, TN 38111 is currently listed for sale with an asking price of $914,900. Search Chickasaw Gardens real estate on ledmondson.crye-leike.com today.