414 Unit Multifamily Memphis
Investment Highlights
Memphis TN 414 unit multifamily 454ksqFt built 1098sqFt avg size built in 2008 with $1553 avg rents 93% occupied $146k AHH. Amenities rich property including resort style pool, indoor basketball court & entrainment pavilion. Can increase top line revenue by $1.1m on upgrades to the 115 classic units & bulk internet charges. No city tax - normal sale owner asking $74m / $179k ppd / 6+% cap negotiable
Location
📍 Memphis
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
