Tuesday, October 1, 2019

Heiskell Place Apartments in Memphis, Tennessee up for sale.

The Heiskell Place Apartments are now up for sale. Any potential grabs on the property are currently wanted. According to realtor.com and redfin, the owner is offering the Heiskell Place Apartments for a median price of $34,450 dollars. Which is not unusual because $34,450 dollars is the neighborhood median price for South Memphis. (Ref: https://www.realtor.com/realestateandhomes-detail/836-Heiskell-Pl_Memphis_TN_38126_M77075-55155)

This 12 unit apartment complex was previously listed for sale in July 31, 2016 and was last sold for $45,000 dollars on December 20, 2017 as records from redfin show. This apartment complex has been abandoned since then. (Ref: https://www.redfin.com/TN/Memphis/836-Heiskell-Pl-38126/home/60919730)

The owner says the sale will be a great investment and rehab opportunity. This 5,040 square foot apartment complex with 12 units is perfect for revitalization. Revitalization of Heiskell Place Apartments is what the current owner is looking for. Each unit has 1 bedroom/1 bathroom. This is a short sale listing subject to third party bank/investor approval. It’s low rise, low rent ya’ll.

Heiskell Place Apartments are located at 836 Heiskell Place, Memphis, Tennessee, US 38216.

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