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    2271 Airways Blvd Memphis, TN 38114-6170
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    Property profile & analytics

    2271 Airways Blvd, Memphis, TN 38114-6170

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    • Apartment buildings
    • 11,840 SF
    • 8.74 lot acres
    Off-Market
    Last Sale Nov 3, 2023
    $3,560,000
    Property ID
    US80-0155570
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,445,000
    Show details
    Cap Rate Potential
    2.6%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2271 Airways Blvd

    Year built
    1973
    Lot size
    8.74 lot acres
    Zone code
    CMU-1
    Property type
    Apartment buildings
    APN
    060-092- - -00020-C
    APU
    06009200020C

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 3, 2023 $3,560,000 Crane Manor LLC Distinct Real Estate USA 2 LP Warranty Deed $4.7M · Futures Financial LLC
    Apr 13, 2021 $3,470,000 Distinct Real Estate USA 2 LP Crane Manor Apartments LLC Warranty Deed —
    Aug 15, 2018 $87,600 Crane Manor Apartments LLC Canlas,lordita Quit Claim Deed · related —
    Aug 15, 2018 — Crane Manor Apartments LLC Crane Properties LLC Quit Claim Deed · related —
    Mar 26, 2015 $1,500,000 Crane Properties LLC|canlas,lordita Memphis Rivertown Apartment Ll Warranty Deed —
    Feb 8, 2013 $703,500 Memphis Rivertown Apartment Ll Rivertown Sq Apartments LLC Grant Deed · related —
    Jul 29, 2010 $560,000 Georgia Cap LLC Rivertown Sq Apartments LLC Grant Deed —
    Jul 29, 2010 $1,050,000 Rbg Tn LLC Shores,david Grant Deed —
    Jul 29, 2010 — Rbg Tn LLC Rbg Corp Quit Claim Deed · related —
    Jul 29, 2010 $1,650,000 Rivertown Sq Apartments LLC Rbg Tn LLC Warranty Deed $560k · Georgia Capital LLC
    Jan 25, 2008 — Rbg Corp — Trustees Deed · related $771k · Ricky & Lorraine Pitre
    Jul 11, 2001 $2,400,000 Ricky Pitre Rivertown Square Apartments Grant Deed $1.9M · Abn Amro Mortgage Group INC

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,430,000
      ML approach
      $3,240,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $3,645,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9869
    Latitude
    35.0823
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $43,594
    $304,400
    $411,240
    $715,640
    -
    $761,000
    $1,028,100
    $1,789,100
    More about this property
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