The Wendell | 2038 Southern Ave
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The Wendell 2038 Southern Ave
24 Unit Block of Flats £2,441,244 (£101,719/Unit) Memphis, TN 38114
Executive Summary
Newly renovated in 2022!
The property is stabilized and turn-key. In Memphis' historic Cooper Young district: a hot spot for restaurants, bars, and the arts.
Renovation included new flooring, updated kitchens, fully-finished bathrooms, exterior finished, and beautiful landscaping. All units equipped with stacked washer/dryers.
The property is stabilized and turn-key. In Memphis' historic Cooper Young district: a hot spot for restaurants, bars, and the arts.
Renovation included new flooring, updated kitchens, fully-finished bathrooms, exterior finished, and beautiful landscaping. All units equipped with stacked washer/dryers.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £2,441,244 | Building Class | C |
| Price Per Unit | £101,719 | Lot Size | 0.84 AC |
| Sale Type | Investment | Building Size | 15,822 SF |
| No. Units | 24 | Number of Floors | 2 |
| Property Type | Residential | Year Built/Renovated | 1960/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.52/1,000 SF |
| Apartment Style | Garden |
| Price | £2,441,244 |
| Price Per Unit | £101,719 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 15,822 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1960/2022 |
| Parking Ratio | 1.52/1,000 SF |
Unit Amenities
- Heating
- Tile Floors
- Tub/Shower
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 650 |
| 2+1 | 12 | - | 900 |
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 03-1117-0-0014 | Improvements Assessment | £166,881 |
| Land Assessment | £28,732 | Total Assessment | £195,613 |
PROPERTY TAXES
Parcel Number
03-1117-0-0014
Land Assessment
£28,732
Improvements Assessment
£166,881
Total Assessment
£195,613
zoning
| Zoning Code | RMM |
| RMM |
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The Wendell | 2038 Southern Ave
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