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907 N Highland Ave

11 Unit Apartment Building $329,900 ($29,991/Unit) Jackson, TN 38301

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EXECUTIVE SUMMARY

Calling all Investors! Historic Highland Courts Apartments, the building dates back to 1923. Located blocks from Downtown Jackson, this property perfectly blends historic charm and urban convenience. You’ll find yourself close to Jackson Walk, LIFT Wellness Center, shops, Grubb's Grocery, the amphitheater, a dog park, a farmer's market, and more. Nestled between Jackson Central Merry Middle/High School and Madison Academic, on the University of Memphis - Lambuth Campus, the location couldn’t be more ideal. The interior has been demoed and framed while being ready for your renovation touch.

PROPERTY FACTS

Price	$329,900	Lot Size	0.28 AC
Price Per Unit	$29,991	Building Size	6,800 SF
Sale Type	Investment	Average Occupancy	100%
Sale Condition	Building in Shell Condition	No. Stories	2
No. Units	11	Year Built	1923
Property Type	Multifamily	Parking Ratio	1.62/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$329,900
Price Per Unit	$29,991
Sale Type	Investment
Sale Condition	Building in Shell Condition
No. Units	11
Property Type	Multifamily
Property Subtype	Apartment
Lot Size	0.28 AC
Building Size	6,800 SF
Average Occupancy	100%
No. Stories	2
Year Built	1923
Parking Ratio	1.62/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.