The Village at Goodlett Farms

Address: 7435 Goodlett Farms Pkwy, Cordova, TN 38016, USA

Created date: November 6, 2024

Date last updated: November 11, 2024

Conversion Opportunity from Special Use to Market Rate Apartments
Originally constructed as student housing, new ownership could convert this special purpose community into a traditional market rate complex, generating a total rent increase of $611 from current rents.
The Village at Goodlett Farms has a prime location on Appling Road (24k cars daily) between Goodlett Farms Parkway and Dexter Road, one-third mile from Interstate 40 (123k cars daily).
Goodlett Farms business park is immediately west of the site and is home to the corporate headquarters for Hunter Fan and the National Cotton Council of America, as well as regional headquarters for Regions Bank and Bioventus.
Four miles from the Wolf River Medical Corridor. Baptist Hospital’s expanding medical campus (8k+ employees) has driven exponential growth in this area, adding thousands of medical jobs.
Shelby Farms Park, Memphis’ most popular outdoor amenity, is two miles from the property. The 4.6k acre park hosts 1.7M visitors each year.
Thirty minutes from Ford Motor Company’s BlueOval SK, a $5.6B electric vehicle manufacturing plant located along Interstate 40. When complete in 2027, the factory and its suppliers will employ 7.8k people.

Available

Key Property Information