Off-Market Offering356-Unit Multifamily in Memphis
$22,500,000
Multifamily · 356 units
Asking Price
$22,500,000
Units
356
Asset Type
Multifamily
Investment Highlights
Memphis TN 356 units 309ksqFt built 869sqFt avg size with $860rents. Upside in rents (pro forma can raise rents $835,000 - $200 below market per unit) normal sale owner asking $22.5m negotiable ($63kppd / 7% cap)
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/memphis-multifamily-5/
https://www.crezly.com/property/memphis-multifamily-5/
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.