Off-Market Deal in Memphis
Price$74,000,000
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
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.