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THE INFORMATION PROVIDED HEREIN IS NOT INTENDED TO REPLACE OR SERVE AS A SUBSTITUTE FOR ANY LEGAL, REAL ESTATE, TAX, OR OTHER PROFESSIONAL ADVICE, CONSULTATION OR SERVICE. THE PROSPECTIVE BUYER SHOULD CONSULT WITH A PROFESSIONAL IN THE RESPECTIVE LEGAL, TAX, ACCOUNTING, REAL ESTATE, OR OTHER PROFESSIONAL AREA BEFORE MAKING ANY DECISIONS OR ENTERING INTO ANY CONTRACTS PERTAINING TO THE PROPERTY OR PROPERTIES DESCRIBED HEREIN.
6-unit Memphis package: 5 condos in The Hamlets (38115) + 1 duplex at 2567 Oxford Ave (Binghampton, 38112). 14.29% cap rate, NOI $46,440, 66% occupied. Four units tenant-occupied ($740-$855/mo; duplex $1,530/mo total); one condo needs light finish-out (~rent-ready at $850), one turnkey. Opportunity Zone. Listing agent notes buyers will need DSCR financing. Photos and video tours available from the listing agent.
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