CALL SCOTT 504-475-4633

8-unit apartment complex, near Downtown Memphis, is now featured by Abbott Price!

This property consists of six 2-bedroom units and two 1-bedroom units, for a total of 5,950 sq ft. It has been vacant for the last 4 to 5 years, the meters have been removed, and it is in need of a full renovation. Off street parking is available via the lot on the left side of the building. The current insurance premium is approximately $1,800 per year, and the property taxes are $1,622. After repairs and occupancy, Abbott-Price projects this property to gross north of $5,000 per month.

Great potential rental property for students, with LeMoyne-Owen College within walking distance and the University of Memphis just a ten-minute drive from the property. Enjoy everything the city has to offer, with Downtown Memphis and FedExForum, home of the Memphis Grizzlies, just two miles away.

CALL SCOTT 504-475-4633