This Multifamily Property is no longer advertised on LoopNet.com.
3896 Lamar Ave
Memphis, TN 38118
Multifamily Property For Sale · 145 Units
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INVESTMENT HIGHLIGHTS
- 4-story extended stay hotel with 145 rooms
- Spacious parking area allowing for addition of exterior amenities
- Potential multifamily conversion opportunity
- Large 4-acre parcel on corner of high traffic intersection
- Well positioned near I-240 and just miles from the Memphis International Airport
PROPERTY FACTS
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 | 4 |
Year Built/Renovated | 1972/2018 |
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 |
Listing ID: 28046822
Date on Market: 3/23/2023
Last Updated:
Address: 3896 Lamar Ave, Memphis, TN 38118
The Parkway Village Multifamily Property at 3896 Lamar Ave, Memphis, TN 38118 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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