Address
14 INVESTORS DREAM PKY, Ripley, TN
Price
$ 1,500,000
Property Attributes
  • MLS#10168612
  • TypeMulti-Family
  • CountyLAUDERDALE
  • CityRipley
  • AreaLauderdale County
  • NeighborhoodVary
  • Zip38063
  • Style
  • Year Built1977
  • Taxes$ 14410
  • Price$ 1,500,000
  • Bedrooms37
  • Full Bathrooms16
  • Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description

Rare find: package deal of 14 single family residences and 2 duplexes with an excellent gross profit. 100% occupancy rate currently with many long-term tenants in place. All properties are in good to excellent condition, several with new roofs & HVAC units in 2023. Reach out to your agent asap for full details. Addresses include: 204 A&B Drake, 219 A&B Jefferson, 140 Walker, 144 & 146 Midland, 307, 308, 309 Courtney, 402 Commerce, 151 Ross Rd, 317 Robin Dr, 329 Sunset St, 98 Skyline, 159 EastEnd

Price History
3/25/2024 Listed $1,500,000

General Features

Roof Shingle/Shake
Zoning Reside
Construction Brick,Wood/Composition,Vinyl Siding
Amenities Pet Restrictions
Status Active
Legal Subdivision Name Vary
Class Multi-Family
Laundry Y/N None
Type Other (See REMARKS)
Area 691R
Status Active
OPERATING EXPENSES Management,Insurance,Repairs/Maintenance,Pest Control,Taxes,License/Permits,Accounting/Legal,Services,Payroll
Area Lauderdale County
Service Type Full Service Listing
HEATING SYSTEMS Central,Gas,Electrical,Wall Heat
COOLING SYSTEMS Central,Electrial,Individual Cooling
Year Built 1977
City Ripley

Interior Features

Hot Water Electrical,Gas,Public Water,Public Sewer,Septic Tank
Total # of Units 16
# 2 Bedroom Units 2
# 3 Bedroom Units 11
# Other Units 1
FLOORS/CEILINGS Vinyl Floor,Partial Carpet,Dry Wall,Paneled

Exterior Features

Foundation Slab,Conventional/Crawl Space,Partial Basement
Number of Buildings 14
Lot Size Varied
MISCELLANEOUS EXTERIOR Some Landscaping,Ceiling Fan(s)
Parking Facility 1 Per Unit,More Than 1 Per Unit

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 38063

Price
AVG $1.5M
$1.5M
Taxes
AVG $14,410
$14,410
Visits
AVG 19
19
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1977

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