3985 New Willow Avenue
Memphis, TN 38111
The Offering
Summary
- List price $1,216,000
- Price per unit $19,000
- Number of units 64
- Number of buildings 10
- Number of stories 2
- Year built 1972
- Land area 2.65 ac
The Willows is a garden-style multifamily property that is currently 100% vacant and ready for a full renovation.
Overall renovation cost will be no less than $30,000 per unit. Pictures supplied by the owner and CoStar should give a good representation of past conditions. Note that half of the apartments have either fire, smoke, or water damage.
Interested investors/developers are hereby advised not to go on site without permission from owner and or agent.
Investor/developer must have major apartment renovation experience to qualify and be successful.
Woodyard Realty Corp.
5865 Ridgeway Center Pkwy Ste 300, Memphis, TN 38120
Phone 901-767-1998
TN Company License #256220
MS Company License #C-21186
5865 Ridgeway Center Pkwy Ste 300, Memphis, TN 38120
Phone 901-767-1998
TN Company License #256220
MS Company License #C-21186
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