Off-Market OfferingOff-Market Deal in Memphis
$74,000,000
Asking 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
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/memphis-multifamily-2/
https://www.crezly.com/property/memphis-multifamily-2/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.