3236 Millington Rd, Memphis, TN

$5,000,000

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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

OfficeBHHS Taliesyn Realty

Listing Map

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