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1104 Chambliss Rd
Memphis, TN 38116
Chambliss Village Townhomes · Build-to-Rent Property For Sale
·
36 Units
PROPERTY FACTS
| No. Units | 36 | Property Size | 41,400 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built | 1968 |
| Costar Property Class | C | Parking Allocation | 1.74/1,000 sq ft |
| Total Plot Size | 2.41 ac | ||
| Use Class | RML | ||
| No. Units | 36 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 2.41 ac |
| Property Size | 41,400 sq ft |
| Average Occupancy | 92% |
| No. Floors | 2 |
| Year Built | 1968 |
| Parking Allocation | 1.74/1,000 sq ft |
| Use Class | RML |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
ABOUT 1104 CHAMBLISS RD , MEMPHIS, TN 38116
Chambliss Village is surrounded by new growth and new employment opportunities for the area residents. Elvis Presley Enterprises (EPE) has begun their biggest expansion since Graceland opened - the 200,000 Square Foot entertainment complex immediately after opening in October 2016 their $92 Million Guest House Hotel that employs around 140 people. EPE is also evaluating a new concert venue on the nearby grounds to attract musicians and tourist throughout the world. The City, Local, State and Federal Government are investing over $50 million in “streetscaping” along Elvis Presley Blvd to make Whitehaven the new front door to Memphis and the subject property is strategically located in all of the above! Chambliss Village features 1,150 SF, the 36 spacious town home apartment, constructed in 1968, they offer a competitive edge over nearby rental properties. The 36 residential units are situated throughout six two-story buildings. The current asking rent offers significant upside potential compared to the market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+2 | 36 | £590.00 | 1,150 |
PROPERTY TAXES
| Parcel Number | 07-7045-0-0031 | Improvements Assessment | £333,535 |
| Land Assessment | £35,243 | Total Assessment | £368,778 |
PROPERTY TAXES
