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property record · Multifamily

3815 Advantage Way Drive 3689 James Road

Commercial property in Memphis, Shelby County, Tennessee. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: MultifamilySQ FT: 67,709BUILT: 1986Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/1e16f25a-9536-47b0-81f0-6080f9cca0a2

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2025-09-301,403,0273,190,1341,787,1071.51evidence →
2025-06-301,220,9601,562,182341,2231.96evidence →
2024-09-301,344,0301,711,622367,5932.16evidence →
2024-06-301,347,5661,711,796364,2302.17evidence →
2023-09-301,348,5321,708,844360,3122.17evidence →
2023-06-30878,4621,180,477302,0161.41evidence →
2022-06-301,214,6851,552,374337,6891.95evidence →
2021-12-311,133,9461,420,419286,4741.82evidence →
2021-09-301,142,5051,430,363287,8581.84evidence →
2021-06-301,136,6221,415,402278,7801.83evidence →
2020-06-30998,9081,270,249271,3411.61evidence →
2020-03-31809,7641,077,990268,2261.30evidence →
2019-12-31598,267863,104264,8370.96evidence →
2018-09-011,164,5731,455,726291,1531.87evidence →
2018-06-011,389,5392,900,3741,510,8351.50evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001792905", "entity_ref": "1f85427a-270f-450e-a677-233357551178", "originator": "Grass River Revidence →
loan payment status{"label": "90+ Days Delinquent", "value": "3", "loan_id": "22"}evidence →
address{"zip": "38128", "city": "Memphis", "state": "TN", "county": "Shelby", "address": "3815 Advantage Way Drive 36evidence →
occupancy{"basis": "most_recent", "value": 0.6014}evidence →
sqft{"basis": "securitization", "value": 67709}evidence →
status{"defeased_label": "No Defeasance Occurred", "defeased_status": "N"}evidence →
type{"label": "Multifamily", "value": "MF"}evidence →
units{"basis": "most_recent", "value": 414}evidence →
valuation{"basis": "securitization", "amount": 20400000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 19500000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1986, "renovated": 2000}evidence →

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