Property Listing No Longer Available for Sale

2017 peabody ave, Memphis, TN

Multi-family for Sale - $2,000,000 - 19,282 Sq. Ft. on 0.98 acres


Property Info

CIMLS#969838
Location
  2017 peabody ave
  Memphis TN 38104
UpdatedDecember 5th, 2017
TypeMulti-family
Price$2,000,000
Building19,282 Sq. Ft.
Land0.98 acres

Property Description

Peabody Falls Apartments is located in Memphis, Tennessee in the 38104 zip code. This apartment complex was built in 1963 and has 2 stories with 28 units.

This multi unit apartment complex is in a great Midtown neighborhood on the edge of Central Gardens. Many units have been renovated and the location is in the heart of the one of Memphis's favorite places to spend your time. Property includes a parcel of land allowing for one of the biggest Midtown land opportunities. Central heat and air, onsite laundry, hardwood floors in many units.

The parcel of land that has been included in the sale is approximately 0.4490 acres and can be built on to add additional units.

Location Description:

Located in Midtown Just West of Cooper. Close to all Midtown Attractions and only 5 minutes away from Downtown where over 2 million people from all over the world come to visit every year. Everything you could need within a 5-10 minute drive.

Public schools

-Idlewild Elementary

-Snowden School

Private Schools

-Grace St. Likes Episcopal School

-Memphis Catholic Middle and High Schools

Memphis International Airport 7.3 Miles, 16 Minute drive

Highlights:

>> Owner is motivated to sell


Financials