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Property profile & analytics
OFF-MARKET Estimated value $420,000
Garden apartment buildings

3741 Hillbrook Rd Memphis, TN 38109-3857

6,848 SF 0.84 ac lot Built 1970
Entity Owned 4-yr Hold
Property ID
US80-0974434
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1970
Total area 6,848 SF
Lot 0.84 ac (36,547 SF)
Zoning code R-6
APN 076-001- - -00066
UPID US80-0974434
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k
Owner & transaction history
Global Property Rengals LLC · 4 yrs held
Global Property Rengals LLC
since 2022
Last sale
$530,000
3 recorded transactions
2022
$530,000
2010
Price N/A
1969
Price N/A
Zoning & alternative use
R-6 · Memphis, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R-6, R-3, RU-1, RU-2, RU-3, RU-4, RU-5 and RW), with the exception of Community Supported Agriculture. 2. Neighborhood gardens shall: a. be managed to prevent the harborage of rodents and pests; b. be maintained to prevent odors; and c. be managed to (to the extent that is possible), to prevent the runoff of top soil and composting materials from flowing ont…

Zone name Residential Single Family 6
General category RESIDENTIAL
Zone area 35,601.06 ac
Source CHAPTER 1
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