8037 Waterford Circle

• Situated within Germantown/Collierville, the most desirable location in the Memphis MSA, with the highest average submarket market rent ($1,525 for 2000+ vintage).
• • Stellar location immediately off of the Bill Morris Parkway (Hwy. 385, 56k cars daily) at Hacks Cross Road (26k cars daily), in close proximity to high-tech jobs and upscale retail.
• • Attractive “Big-House” design, offering a mix of spacious one, two and three bedroom units averaging 1,105 SF, as well as highly desirable amenities such as attached garages (on 88% of the units), two resort-style pools and a 24-hour fitness center.
• • White-collar demographics - Average Household Income of $115k, 18% higher than the Memphis MSA; Average Home Price of $359k. Sixty-three percent of employment comes from white-collar jobs*
• • Situated one mile immediately south of FedEx’s World Headquarters (3,300 jobs).
• • FedEx is adjacent to TPC Southwind, an 18-hole golf course that hosts the FedEx St. Jude Championship, the first event of the PGA’s FedExCup Playoff.
• • Five miles east is the upscale City of Collierville, home to FedEx’s World Technology Center (3,000 jobs).

Property Description