Memphis, TN
Multi-Property
Thursday April 6th, 2006
Memphis, TNAll Sales To Be Held On Site
2% Broker Participation Available
Click
here for East Shelby Drive Broker Participation Form
Click
here for Mallory Avenue Broker Participation Form
Click
here for Outland Road Broker Participation Form
Property 1 – Absolute Auction
Thursday, April 6, 11:00 am
Inspection:
Wednesday,
April 5, 9:00 am – 12:00 noon
701 East Mallory
Ave., Memphis, TN
·
3,800 sf office building
·
Formerly known as Primary Care Partners
·
Roof replaced in 2005
·
Built in 1967
·
Located at the corner of East Mallory Ave. & Orleans
Street
Utilities:
Electric, Gas & Water: Memphis Light, Gas & Water
Sewer: City of Memphis
Zoning: Property
1 – RD
Taxes:
Property 1 – County: $3,605.74 City: $2,847.92
Property 2 –
Absolute Auction
Thursday, April 6, 12:30 pm
6227 East Shelby
Drive, Memphis, TN

·
1.6 acre industrial development tract
·
150’ of frontage on East Shelby Drive
·
All utilities available
Utilities:
Electric, Gas & Water Available: Memphis Light Gas & Water
Sewer Available: City of Memphis
Zoning: IL
Taxes:
County: $1,278.13 City: $1,009.50
Property 3 –
Bank Ordered Auction
Thursday, April 6, 2:00 pm
Inspection:
Wednesday,
April 5, 1:00 pm – 4:00 pm
3815 Outland Rd.,
Memphis, TN

·
31,000 sf commercial building
·
4.4 acre lot
·
Ideal for office/warehouse/manufacturing
·
500’ frontage on Outland Rd.
·
Built in 1979
·
Approx. 13,000 sf office space, balance
warehouse/manufacturing
·
Approx. 120 parking spaces
Utilities:
Electric, Gas & Water: Memphis Light, Gas & Water
Sewer: City of Memphis
Zoning:
IL
Taxes:
County:
$9,687.92 City: $8,232.81
Terms:
10% Buyer’s Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer’s Premium) and is due today in the
form of cash, cashier’s check, personal or company check plus a real
estate sales contract must be signed. Balance is due in certified
funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE.
NO EXTENSIONS AVAILABLE.
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