1429 Court Ave | Memphis, TN 38104
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- LoopNet Team
1429 Court Ave
Memphis, TN 38104
40 Court "The Grove of Midtown Apartments" · Multifamily Property For Sale · 40 Units
Investment Highlights
- Location! Location! Midtown Medical District!
- Open Floor Plan
- Lots of Natural Light
- Market Rent $950 plus for the area
PROPERTY FACTS
| No. Units | 40 | Building Size | 22,800 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1962/2019 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.72 AC |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 22,800 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2019 |
| Parking Ratio | 1.1/1,000 SF |
Unit Amenities
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Handrails
- Pantry
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | $750.00 | 500 - 550 |
| 2+1 | 8 | $850.00 | 600 - 650 |
PROPERTY TAXES
| Parcel Number | 01-7022-0-0004C | Improvements Assessment | $670,040 |
| Land Assessment | $36,240 | Total Assessment | $706,280 |
PROPERTY TAXES
Parcel Number
01-7022-0-0004C
Land Assessment
$36,240
Improvements Assessment
$670,040
Total Assessment
$706,280
zoning
| Zoning Code | RMH (Residential) |
| RMH (Residential) |
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