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🏢 Just listed — Apartment Building Retail for sale in Memphis, TN.

📍 1060 Merriwether Avenue, Memphis, TN
🏷  Apartment Building Retail · For Sale
💰 $2.27M

0 SF Apartment Building retail for sale at 1060 Merriwether Avenue, Memphis, TN.

Full financials, photos, and broker contact:
https://commrty.com/property/tennessee/memphis/the-drew-apartments-2518499-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=the-drew-apartments-2518499

#Memphis #Retail #CommercialRealEstate #CRE #Investment

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Home/TN/Memphis

1060 Merriwether Avenue

Memphis, TN 38105

Asking Price

$2.27M

Asset Type

Apartment Building Retail

Class

Class B

What's Special

0 SF Apartment Building retail for sale at 1060 Merriwether Avenue, Memphis, TN.

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

3.52%

DSCR

0.59

Underwater

Cash-on-Cash

-8.07%

Monthly Payment

$11,255.459

Annual Cash Flow

$-55,065.505

Location & Travel Times

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