2227 Airways Blvd | Memphis, TN 38114
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- LoopNet Team
2227 Airways Blvd
Memphis, TN 38114
Multifamily Property For Sale · 42 Units
Investment Highlights
- 2020 renovations included a new roof, some new furnishings, and major repairs across the property.
- Located in a neighborhood within walking distance to variety of stores and shops.
- Less than a 10 minute drive to the Memphis International Airport.
- Workforce housing is closely located within a mile from the FedEx Headquarters.
- Workforce housing is closely located within a mile from the FedEx Headquarters.
- Easy travel accessibility to Interstate 69 and Interstate 240.
PROPERTY FACTS
| No. Units | 42 | Building Size | 34,940 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2020 |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 1.76 AC |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.76 AC |
| Building Size | 34,940 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2020 |
| Parking Ratio | 1.26/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Security System
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 42 | $650.00 | 625 |
PROPERTY TAXES
| Parcel Number | 06-0092-0-0015 | Improvements Assessment | $244,040 |
| Land Assessment | $46,040 | Total Assessment | $290,080 |
PROPERTY TAXES
Parcel Number
06-0092-0-0015
Land Assessment
$46,040
Improvements Assessment
$244,040
Total Assessment
$290,080
zoning
| Zoning Code | RU-3 (Residential Urban-3) |
| RU-3 (Residential Urban-3) |
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