Miracle Manor Apartments
2450 Ketchum Cv., Memphis TN 38114
The Offering
- Asking Price $900,000
- Number of Units 65
- Price Per Unit $13,846
- Number of Buildings 3
- Number of Stories 2
- Year Built 1965
- Land Area 1.369 ac
VALUE-ADD OPPORTUNITY IN CLOSE PROXIMITY TO SOME OF THE LARGEST EMPLOYERS IN THE REGION
Miracle Manor provides investors the opportunity to acquire a community at a very low basis near tens of thousands of workforce jobs in the fields of logistics, transportation, technology, healthcare and more.
Miracle Manor is 3 three-story buildings featuring 57 one-bedroom and 8 two-bedroom floorplans, or 65 units, built in 1965.
The property is mostly vacant and poised for a repositioning and rebranding effort. Concrete interior walls and floors are in great condition and will require minimal capital investment. Capex needs include new kitchens, bathrooms, exterior paint and repairs, and roofs.
Zoom
Listing Agents
Bryan Sisk
Broker
Woodyard Realty Corp.
TN 330010
MS S-55772
MS S-55772
David Dorris
Broker
Woodyard Realty Corp.
TN 337438
MS S-55883
AR SA00100084
MS S-55883
AR SA00100084
Worth Woodyard
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


