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For Sale

1044 DELMAR AVE

1044 DELMAR AVE, Memphis, TN 38105

$1,650,000

Gated Delmar-Lema Historic District Village with 23 units near the Medical District. 7% proforma cap rate! Units are 1 bed/1bath and have received extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. Exteriors have fresh paint and newer roofing. Entire perimeter is fenced and solar powered double entry security gate has been 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!

23
beds

Dominey Shaw

title Affiliate Broker
PHONE (901) 273-6577
EMAIL [email protected]
DRE # 337088

Features & Amenities

Interior

total bedrooms23
Laundry room None
other interior Features Vinyl Floor

Area & Lot

Status For Sale
MLS® ID10194802
TypeCommercial
YEAR BUILT1912

Exterior

roofComposition
parkingAsphalt/Blacktop
HEAT TYPECentral
AIR CONDITIONINGCentral
SubstructureConventional/Crawl Space

Financial

Sales Price$1,650,000

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Contact Details

MYERS COBB, REALTORS®

Phone

(901) 552-4036

[email protected]

Address

6075 Poplar Ave., #727 Memphis, TN 38119

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