2452 Ketchum Cove
2452 Ketchum Cove
Memphis, TN 38114
$2,400,000
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Description
This 65-unit multifamily property is located in SE Memphis. The property is situated in a strategic location near top employers of Memphis such as FedEx, UPS, and Kellogg’s providing a large pool of potential tenants and increased demand for rental properties. It has an exterior brick and concrete block interior, making it sturdy and low maintenance. Price reduction!This 65-unit multifamily property is located in SE Memphis. The property is situated in a strategic location near top employers of Memphis such as FedEx, UPS, and Kellogg’s providing a large pool of potential tenants and increased demand for rental properties. It has an exterior brick and concrete block interior, making it sturdy and low maintenance. Price reduction!
- Listed by LaQuisha Wilks • Assured Real Estate Services
Property Details for 2452 Ketchum Cove
Area
771S
MAAR Subdivision NameOakhaven/Airport
Legal Subdivision NameKetchum Cv. Commercial Sub
Location
Listing Courtesy of Assured Real Estate Services
Add your commute
LISTING UPDATED: 04/05/2024 11:04 AM
Property Details for 2452 Ketchum Cove
| Status | Active |
|---|---|
| MLS # | 10159922 |
| Days on Market | 234 |
| Taxes | $24,366 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Apartment Complex |
| Year Built | 1965 |
| Lot Size | 1.37 AC / 59,677 SF |
| County | Shelby County |
Location
Listing Courtesy of Assured Real Estate Services
Add your commute
Building Information for 2452 Ketchum Cove
Stories3Residences65Year Built1965Building Size-Lot Size1.37 AC / 59,677 SF
Payment Calculator
$15,128 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,098
Property Taxes
$2,031
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2452 Ketchum Cove
Summary
Location and General Information
- Address: 2452 KETCHUM CV
- Address Search Number: 2452
- Directions: Go west on I-240 Take exit 23A Airways BLVD North 0.2mi turn right at the intersection of Airways and Ketchum In 250ft make a fast right onto Ketchum Cv Apartments straight ahead
- Map Coordinate: S
- MLS Map Num: Airport/Oakhaven
Taxes and HOA Information
- Hot Water: Electrical, Septic Tank
- LVT Date: 10-30-2023
Property
Lot Information
- Lot Size: 1.37
- Lot Num: 2
Property and Assessments
- Amenities: Extra Storage, Leasing Office, Maintenance Office, Dumpster, Privacy Walls/Fences
- Foundation: Slab, Storage Area, Laundry Facility
- Percent Occupancy: 12
- Service Type: Full Service Listing
- Syndicate Listing To: Zillow Group
Interior and Exterior Features
Exterior Features
- Roof: Flat
Interior Features
- Appliances / Equipment: Refrigerator, Range/Oven (Freestanding), Smoke Detector(s)
- Floors/Ceilings: Tile, Partial Carpet, Dry Wall, Concrete
Multi Family
Multi-Family Information
- Num of 1 Bedroom Units: 56
- Num of 2 Bedroom Units: 8
- Num of 3 Bedroom Units: 0
- Num of Efficiency Studio Units: 0
- Num of Buildings: 3
- Num Other Units: 0
- Annual Operating Expenses: $24,666
- Assumption: Must Qualify
- Average Annual Utilities: $4,000
- Construction: Brick/Veneer
- Cooling Systems: Central, Electrial
- Existing Financing: Other (See REMARKS)
- Gross Potential Annl Rent: $631,680
- Heating Systems: Central, Gas, Electrical, Wall Heat
- Land Sqft: 59677
- Laundry: None
- Miscellaneous Exterior: Security Lighting, On-Site Commercial Space, Some Landscaping, Professional Landscaping, Wood Fence, Partically Fenced
- Operating Expenses: On-Site Management, Insurance, Some Utilities, Trash Collection, Repairs/Maintenance, Taxes, Accounting/Legal, Services, Payroll
- Parking Facility: Asphalt/Blacktop, Attached
- Possession: Negotiable, At Closing
- Sale Includes: Building and Land, Some Appliances
- Source Of Info: Owner, Brochure, Notes/Deeds, Floor Plans
- Tenant Pays: All Utilities, Security Deposit
- Type Units: 1 BR - 1 Bath, 2 BR - 1 Bath
Property History for 2452 Ketchum Cove
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2452 Ketchum Cove
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Alcy Elementary School PublicPK to 5 | ||
Sherwood Middle School Public6 to 8 | ||
Melrose High School Public9 to 12 | ||
Airways Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Assured Real Estate Services