LOCATION PROPERTY SUMMARY

Property Address 3411 Elvis Presley Blvd MAAR Data # 431790

Memphis, TN 38116
Class Commercial
MAAR Subdivision Hernando Place Resub Of Lot 2
Land Use Hotel
Legal Subdivision Hernando Place Resub Of Lot 2
MAAR Square Feet 46420
County/MLS Area Shelby/763C
Beds / Baths 85 / 85.0
GENERAL PARCEL INFORMATION Stories 4
Parcel ID/Tax ID 077010 00065
Year Built 2018
Alternate Parcel ID
Lot Dim /Acres / 3.49
Account Number
Lot Square Feet 152,204
District/Ward Memphis
Last Sale $4,400,000 on 3/31/2022 N(WD)
2020 Census Trct/Blk 225/1 SQFT Seller Concessions N/A

Assessor Roll Year 2023 CURRENT OWNER

Plat Book/Page 250/21 Name New York Investment Group LLC

Zoning Code CMU-3- Commercial Mixed Use-3 Mailing Address 102 Colony Way
Brandon, MS 39047-8249
Permits Permits
SCHOOL ZONE INFORMATION
Ford Road Elementary School 3.0 mi
Elementary: Pre K to 5 Distance

A. Maceo Walker Middle School 2.0 mi

Middle: 6 to 8 Distance

Mitchell High School 3.4 mi

High: 9 to 12 Distance

SALES HISTORY THROUGH 11/08/2023

Date Amount Buyer/Owners Instrument Book/Page or Seller Concessions Sale Type
Document#

3/31/2022 $4,400,000 New York Investment Group LLC Warranty 22036871 Normal Sale

TAX ASSESSMENT
Appraisal Amount Assessment Amount Jurisdiction Rate

Appraisal Year 2023 Assessment Year 2023 Memphis 2.70164

Appraised Land $197,900 Assessed Land Shelby County 3.39

Appraised Improvements $4,730,200 Assessed Improvements

Total Tax Appraisal $4,928,100 Total Assessment $1,971,240

Exempt Amount

Exempt Reason

TAXES
Tax Year City Taxes County Taxes Total Taxes

2022 $53,255.81 $66,825.04 $120,080.84

2021 $53,480.71 $68,007.78 $121,488.49

2020 $55,651.07 $70,521.84 $126,172.91

2019 $55,651.13 $70,521.84 $126,172.97

© 2004-2023, Memphis Area Association of REALTORS®

© 2023 Courthouse Retrieval System. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
 Property Detail for 3411 ELVIS PRESLEY BLVD, cont.

2018 $18,014.57 $22,871.16 $40,885.73

2017 $10,532.60 $13,232.56 $23,765.16

2016 $2,692.80 $3,461.04 $6,153.84

2014 $2,692.80 $3,461.04 $6,153.84

2013 $2,692.80 $3,468.96 $6,161.76

MORTGAGE HISTORY
Date Loan Amount Borrower Lender Book/Page or Document#

03/30/2022 $6,960,000 New York Investment Grp LLC Barclays Capital Real Estate 22036872

12/02/2015 $4,800,000 Ep3 Developers LLC Financial Federal Bank 15121407

FORECLOSURE HISTORY
No foreclosures were found for this parcel.

PROPERTY CHARACTERISTICS: BUILDING

Building # 1

Type Hotel/Motel Hi Rise Condition Units 85

Year Built 2018 Effective Year Stories 4

BRs 85 Baths 85 F H Rooms

Total Sq. Ft. 46,420

Building Square Feet (Living Space) Building Square Feet (Other)

Canopy 70

Canopy 1584

Patio 3613

- CONSTRUCTION

Quality C Average Roof Framing

Shape Roof Cover Deck

Partitions Cabinet Millwork

Common Wall Floor Finish

Foundation Interior Finish

Floor System Air Conditioning Central Heat & Air

Exterior Wall Masonry And Frame Heat Type Hot Air

Structural Framing Woodframe/Joist/Beam Bathroom Tile

Fireplace Plumbing Fixtures

- OTHER

Occupancy Building Data Source

PROPERTY CHARACTERISTICS: EXTRA FEATURES

Feature Size or Description Year Built Condition

Elevator Electric Pasngr

Paving Asphalt <75000 Sqft 13000 2018 NORMAL

Swimming Pool Concrete Irr 808 2018 NORMAL

Sprinkler Sys Wet

Picket 4260 2018 NORMAL

PROPERTY CHARACTERISTICS: LOT

Land Use Hotel Lot Dimensions

Block/Lot Lot Square Feet 152 204

© 2004-2023, Memphis Area Association of REALTORS®
© 2023 Courthouse Retrieval System. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
 Property Detail for 3411 ELVIS PRESLEY BLVD, cont.
Block/Lot Lot Square Feet 152,204

Latitude/Longitude 35.055858°/-90.026399° Acreage 3.49

PROPERTY CHARACTERISTICS: UTILITIES/AREA

Gas Source Road Type

Electric Source Topography

Water Source District Trend

Sewer Source Special School District 1

Zoning Code CMU-3- Commercial Mixed Use-3 Special School District 2

Owner Type

LEGAL DESCRIPTION
Subdivision Hernando Place Resub Of Lot 2 Plat Book/Page 250/21

Block/Lot District/Ward Memphis

Description Neighborhood: 00807B63 /Sws Hernando Road See Map Grid# 183L Child Of Split From 077010 00063

FEMA FLOOD ZONES

FIRM Panel Eff.
Zone Code Flood Risk BFE Description FIRM Panel ID Date

X Minimal Area of minimal flood hazard, usually depicted on FIRMs as 47157C0420F 09/28/2007
above the 500-year flood level.

SUBJECT SALES INFORMATION

$4,400,000 ON 03/31/22, Warranty Deed, 22036871. Recorded 2022. EP3 DEVELOPERS LLC & RONAK PATEL & BALAJI GROUP LLC to NEW YORK
INVESTMENT GROUP LLC. Loan $0, % Cash Sale Or Mortgage Type Unknown. Normal Sale. (Physical Data from Tax on 12/2021) Commercial.

LISTING ARCHIVE
No Listings found for this parcel.

© 2004-2023, Memphis Area Association of REALTORS®

© 2023 Courthouse Retrieval System. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.