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4150 Boeingshire Drive
Memphis, TN 38116
Asking Price
$855K
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
<p>Commercial Advisors is pleased to present 4150 Boeingshire Dr available for sale. This is the former home of Emmanual Episcopal Church which was founded 1873 and had notable members such as Robert R. Church, Memphis’ first African American Millionaire. The congregation built this location in 1989. The property has a full kitchen and fellowship hall as well has flexible classroom space. The sanctuary can seat approximately 200 comfortably. The building sits on +/- 9.724 acres which provides fo
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NOI
$80,000
Cap Rate
9.36%
DSCR
1.58
Strong
Cash-on-Cash
11.40%
Monthly Payment
$4,230.073
Annual Cash Flow
$29,239.118
