180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
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$ 575,000
Est. payment | /mo

$ 575,000
Est. payment | /mo

Key Details

Property Type Commercial

Sub Type Other (See REMARKS)

Listing Status Pending

Purchase Type For Sale

Subdivision Williford Place & Crestmere Place

MLS Listing ID 10223928

Year Built 1934

Annual Tax Amount $5,267

Property Sub-Type Other (See REMARKS)

Property Description

Turnkey short term rental- STR positioned near Overton Park in Midtown Memphis, The Crestmere Estate at offers a luxury hospitality asset with investment potential. The property includes a 4BR/2.5BA Tudor main home plus a 2BR/1BA detached guesthouse with downstairs storage that is plumbed, heated/cooled, creating a flexible 6BR/3.5BA layout for short-term rental use. Resort-style outdoor spaces include a renovated gunite heated saltwater pool, bluestone decking, courtyard, fountains, iron gates, and a landscaped double lot, full third-floor attic with high ceilings, and a basement wine cellar. Seller-stated STR performance includes an average occupancy of about 70%, $100K-$120K in annual revenue, and approx. $20K in future bookings included with sale. STR business available for an additional fee, including website, Hostfully, Turno, PriceLabs, chatbots, Breezeway, furnishings, linens, towels, pool supplies, & listing opportunities online. Contact listing agent for business details.

Location

State TN

County Shelby

Area Midtown/Holmes

Zoning R

Interior

Heating Central, Gas

Cooling Central Cooling

Flooring Hardwood

Inclusions All Furnishings, Business Name

Exterior

Parking Features Attached, Covered

Roof Type Composition Shingles

Building

Story 2

Foundation Conventional/Crawl Space

Water Public Sewer, Public Water

Others

Miscellaneous Sprinkler System,Living Space Available

Virtual Tour https://www.youtube.com/watch?v=p_s9RaP-NjY

Listed by Shay C Payne • BHHS McLemore & Co. Realty

Nearby Locations

Brittan Robbins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(901) 494-6401

brobbins0502@gmail.com

7121 Regal Lane, Ste 215, Knoxville, TN 37918

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180 CRESTMERE PL