+17789032336
10433 Montgomery Pkwy NE Suite 300, Albuquerque, NM 87111, United States
This 1.04-acre lot features fourteen existing apartments across seven duplexes. The total property square footage is 11,130, with each spacious unit averaging 795 Sq Ft and individually metered for utilities.
Ark7 upgraded a few units when necessary with vinyl plank flooring and new wall paints. All living facilities, including the roof, plumbing, and electrical, are also up-to-date. Each unit enjoys its private backyard and patio. Parking space is sufficient, and tenants have easy access to local transportation.
The property is in the heart of Memphis, the second-largest city in Tennessee and a cultural hub of blues music and charming small businesses. The location is an excellent growth corridor of the Memphis MSA, within walking distance to the Medical District, and close to major employers, such as FedEx, the Medical District, Kroger, Nike, and the University of Memphis. Additionally, the property is situated in a designated opportunity zone and is qualified for historic rehabilitation tax credits.
