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Courtesy of Myers Cobb Realtors, LLC

For Sale

1044 DELMAR AVE

1044 DELMAR AVE, Memphis, TN 38105

$1,200,000

Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 6.9% 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.

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® ID10218077
TypeCommercial
YEAR BUILT1912

Exterior

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

Financial

Sales Price$1,200,000

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1044 DELMAR AVE

$1,200,000

Dominey Shaw

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

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1044 DELMAR AVE

$1,200,000

Dominey Shaw

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Work With Us

Search by Cities

Search by Zip Codes

Follow Us On Instagram

Contact Details

MYERS COBB, REALTORS®

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