1707 Ontario Ave
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1707 Ontario Ave
16 Unit Block of Flats £1,056,308 (£66,019/Unit) Memphis, TN 38127
Executive Summary
Newly renovated
16- 2 bed/1 bath units
1707 Ontario Ave
Great location in the Frayser Area
9 mins from Downtown
4 miles from Midtown
2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center.
16- 2 bed/1 bath units
1707 Ontario Ave
Great location in the Frayser Area
9 mins from Downtown
4 miles from Midtown
2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,056,308 | Building Class | C |
| Price Per Unit | £66,019 | Lot Size | 0.58 AC |
| Sale Type | Investment | Building Size | 14,854 SF |
| No. Units | 16 | Average Occupancy | 0% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1974 |
| Apartment Style | Low Rise | Parking Ratio | 1.35/1,000 SF |
| Price | £1,056,308 |
| Price Per Unit | £66,019 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 14,854 SF |
| Average Occupancy | 0% |
| Number of Floors | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.35/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
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PROPERTY TAXES
| Parcel Number | 07-0088-0-0019C | Total Assessment | £80,123 |
| Land Assessment | £8,357 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £71,766 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
07-0088-0-0019C
Land Assessment
£8,357
Improvements Assessment
£71,766
Total Assessment
£80,123
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
zoning
| Zoning Code | R-MM |
| R-MM |
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1707 Ontario Ave
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