Off-Market OfferingOff-Market Deal in Memphis
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Investment Highlights
Memphis TN court ordered bankruptcy sale 379 units multifamily built in 1972 953sqFt avg unit size $811 avg rents 89% occupied. Good location recent CapX and strong occupancy trajectory. Rent upside $100+ monthly. Bankruptcy is operational in nature, minimum qualifying bid $10m (26k ppd)
James Smith
Listing contact · Verified on Crezly
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https://www.crezly.com/property/memphis-multifamily/
https://www.crezly.com/property/memphis-multifamily/
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.