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Eads, Tennessee, United States

Updated Oct 28, 2024

Ja Morant Acquires $3.05M Single Family Home In Eads, TN
SOLDSingle Family Residence

Ja Morant Acquires $3.05M Single Family Home In Eads, TN

Eads, Tennessee, United States

$3,050,000

$220/SF

Building Size

13,836 SF

Asset Type

Single Family Residence

Closing

Aug 29, 2022

About this deal

AI

A single family property located in Eads, TN has been sold for a price of $3,050,000. The property spans over 13,836 square feet, resulting in a price per square foot of $220.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $3,050,000

The buyer of the property is Ja Morant, a professional NBA player from the Memphis Grizzlies. Ja Morant is known for his exceptional skills in the basketball court. This transaction took place on August 30, 2022.

The single family residence sale at Eads, Tennessee, United States in Memphis, Tennessee sold for $3.1M in 2022. The building is 13,836 square feet, implying about 220 per square foot on the published price. This page is the Memphis, Tennessee file for the Eads, Tennessee, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Memphis sit in the Market section below. Filter that Memphis single family residence set by closing date to see what else sold near Eads, Tennessee, United States around 2022. Published consideration for Eads, Tennessee, United States is $3.1M, dated 2022. Cite this Ja Morant Acquires $3.05M Single Family Home In Eads, TN sale when underwriting similar single family residence product around Memphis, Tennessee.

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Memphis Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Ja Morant bought a home in Memphis for $3.1M in 2022. The full closing is on this page.

About $220 per square foot on a published $3.1M for 13,836 square feet (2022).

Browse Memphis single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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