139 N Claybrook St

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139 N Claybrook St

Memphis, TN 38104
Asking Price
$1.85M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for $1,850,000
  • Asset features a total of 20 residential units
  • Located within the Midtown district of Memphis
  • Established urban submarket with consistent rental demand
  • Suitable for an investor focused on residential income

What's Special

Priced at $1,850,000, this 20-unit multifamily apartment building sits in the vibrant Midtown Memphis neighborhood. The asset represents a residential investment in one of the city's most established submarkets, known for its historic character and proximity to the medical district and local cultural amenities. The property structure is well-positioned for an investor seeking to maintain a steady rental footprint in a supply-constrained urban environment. Midtown serves as a central hub for the Memphis metropolitan area, benefiting from steady demand from students, healthcare professionals, and urban dwellers who prioritize walkability and access to downtown. This apartment building offers a stable base for a residential portfolio, providing potential for long-term income generation within a dense, infill location. Proximity to major transit routes ensures connectivity to the wider regional economy, supporting consistent occupancy potential for this unit count.

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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487

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