3896 Lamar Ave | Memphis, TN 38118
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3896 Lamar Ave
Memphis, TN 38118
Multifamily Property For Sale · 145 Units
Investment Highlights
- • Prime multifamily conversion of existing 4-story extended stay hotel with 145 rooms
- • Large lit pylon sign
- • Well positioned near I-240 and just miles from the Memphis International Airport
- • Large 4-acre parcel on corner of high traffic intersection
- • Spacious parking area allowing for addition of exterior amenities
PROPERTY FACTS
| No. Units | 145 | Building Size | 134,874 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1972/2016 |
| Building Class | C | Parking Ratio | 1.09/1,000 SF |
| Lot Size | 4.87 AC |
| No. Units | 145 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 4.87 AC |
| Building Size | 134,874 SF |
| Average Occupancy | 89% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2016 |
| Parking Ratio | 1.09/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 145 | - | 300 |
zoning
| Zoning Code | CMU-3 |
| CMU-3 |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
