2450 Ketchum Cv, Memphis, TN 38114
65 Unit Apartment Building | $1,800,000 ($27,692/Unit) | 25% Cap Rate | Memphis, TN 38114
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $1,800,000
- Sale Condition
- High Vacancy Property
- Property Type
-
Multifamily
- Square Feet
- 59,677 SF
Listing Contacts
LaQuisha Wilks
Verified Profile
- Property Info
Property Overview
Property needs renovations and new roofing. It has an on-site laundry mat. Accepts electric washers and gas dryers. Please see OM for potential financials and details.
Property Details
- Class
- C
- Year Built
- 1965
- Stories
- 3
- Property Subtype
- Office/Residential, Dormitory
- Lot Size (sq. ft)
- 59,677 SF
- Units
- 65
Highlights
- Right off the city's major interstate I-240 and has selling view to the 100,000 passengers that can see the property from interstate.
- Surrounded by popular employers such as FedEx, UPS, Kellogg's, and Memphis International Airport.
- Concrete block walls with one sheetrock wall making the property low maintenance.
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