Student Housing Opportunity at University of Memphis

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30323784
Property Subtypes: Student Housing
Status: Pending/Contingent
Number of Units: 12 Units
Building Size (RSF): 6,880 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $1,600,000
Unit Price: $133,333.33 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2018

Overview / Comments

Student Housing is HOT and CRYE-LEIKE COMMERCIAL is pleased to present a prime student housing redevelopment site located within the campus core of the University of Memphis. The University is booming and there is demand for near-campus housing. Contact us today for more information!

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Memphis Shelby County
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1999
Construction/Siding: Brick
Zoning Description: University Overlay District
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,938 126,558 296,679
Median Age: 29.28 34.79 34.77
Households: 6,011 51,921 117,464
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.