5 Unit in Memphis - HOT LOCATION

[Brandon Williams]

FOR MORE INFORMATION ABOUT THIS PROPERTY, PLEASE MESSAGE ME. 

5 Unit for sale in Memphis, TN in the Uptown neighborhood of Memphis.

Asking: $149K

Rehab: $130K

ARV: $350K

Each unit is a 2/1 and the property needs a full rehab.

This unit is in the middle of a neighborhood that has been part of a revitalization project in the Uptown and Pinch District of Memphis. St. Jude Children's Research Hospital, is a few blocks away. St. Jude is rapidly expanding and is Fortune Magazine’s 100 Best Companies to work for, now for the ninth consecutive year and is the cornerstone for the $1.1 Billion Dollar Expansion.

Uptown Neighborhood Information: https://www.downtownmemphis.com/neighborhoods/uptown/

St. Jude “100 Best Companies to Work for:  https://www.stjude.org/media-resources/news-releases/2018-medicine-science-news/st-jude-named-to-fortune-magazine-100-best-companies-to-work-for-for-eighth-consecutive-year.html

$1.1 Billion Dollar Redevelopment: https://www.commercialappeal.com/story/money/business/development/2019/11/13/memphis-development-pinch-district-tom-intrator-18-main/4180545002/

Uptown is the Newest "Boom Town":  https://www.highgroundnews.com/features/UptownAndThePinchHistory.aspx