About 3236 Millington Rd
Immediate CASH FLOW, turn-key, APARMENT COMPLEX, a great investment opportunity. Bayou Square Apartments, comprised of 76 units. Annual Profit is well above 500K. Over 90% occupancy. Incredible ROI and Cap rate. Laundry facility is brand new and a total of 10 buildings. 76 units 16 1/1 and 60 2/1. Newest and nicest in the area, new roof, HVAC, electrical, Plumbing, electric water heater and so much more. Do not miss this opportunity to secure this piece of PRIME commercial real estate.
Features of 3236 Millington Rd
| MLS® # | 10138998 |
|---|---|
| Price | $5,000,000 |
| Bathrooms | 0.00 |
| Year Built | 1964 |
| Type | Multi-Family |
| Sub-Type | Apartment Complex |
| Status | Active |
Community Information
| Address | 3236 Millington Rd |
|---|---|
| Area | Vollintine/Northside |
| Subdivision | CRUTCHFIELD |
| City | Memphis |
| County | Shelby |
| State | TN |
| Zip Code | 38127 |
Amenities
| Amenities | Security System, Pet Restrictions, Leasing Office, Dumpster |
|---|---|
| Is Waterfront | No |
Interior
| Interior | Tile, Partial Carpet, Dry Wall |
|---|---|
| Interior Features | 1 BR - 1 Bath, 2 BR - 1 Bath |
| Appliances | Refrigerator, Range/Oven (Freestanding), Smoke Detector(s) |
| Heating | Central |
| Cooling | Central |
Exterior
| Exterior Features | Sidewalks, Security Lighting, Chain Fence, Security Gate |
|---|---|
| Lot Description | 4.715 |
| Roof | Composition |
| Foundation | Slab |
Additional Information
| Date Listed | November 30th, 2022 |
|---|---|
| Days on Market | 59 |
Listing Details
| Office | BHHS Taliesyn Realty |
|---|