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3562 Mynders Ave
Memphis, TN 38111

The Den · Multifamily Property For Sale · 48 Units

Investment Highlights

  • Attractive unit mix Studio, 1 and 2 bedroom units
  • Located off of Southern Ave, with easy access to either I-69 or I-240
  • I-69 Access: ±4.59 miles
  • 5.7% year-over-year rent growth for the submarket
  • I-240 Access: ±2.39 miles

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.51 AC
Building Size 15,120 SF
Average Occupancy 85%
No. Stories 2
Year Built 1961
Parking Ratio 1.42/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - -
2+1 36 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-6005-0-0010
Land Assessment
$63,778
Improvements Assessment
$353,769
Total Assessment
$417,547

zoning

Zoning Code CMU-1
CMU-1
  • Listing ID: 29300994

  • Date on Market: 2023-08-17

  • Last Updated:

  • Address: 3562 Mynders Ave, Memphis, TN 38111

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