180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
180 CRESTMERE PL, Memphis, TN 38112
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Larrian Currie

Larrian Currie

+1(901) 690-5071
$559,000
Est. payment /mo
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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

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

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Larrian Currie

Larrian Currie

+1(901) 690-5071

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