Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 7% pro forma cap rate. 1 bed/1 bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. All exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security gate installed at the entrance. Just blocks from the VA Medical Center, LeBonheur Children's Hospital, Regional One, and close to downtown Memphis. Surrounding area is currently being revitalized with many new & upcoming developments. Seller financing will be considered.
Listed By
Agency Name: Myers Cobb Realtors, LLC
Agency Phone: 901-552-4036
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 2,894.82 per month $2,559.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $335.42 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1044 Delmar Ave | MLS# 10218077
This multi-family property located at 1044 Delmar Ave, Memphis, TN 38105 is currently listed for sale with an asking price of $1,150,000. Search Harbor Town-downtown real estate on www.kathryngarland.com today.