Address: 304, 306, 308 & 314 Scott Street, Memphis, Tennessee, US
Created date: February 28, 2024
Date last updated: April 28, 2024
Property Description
$599,000 or $37,438/Unit INVESTMENT HIGHLIGHTS 100% Occupied with Strong Historical Operations11-Asset Portfolio located within a 7 Mile Radius within the I-240 Interstate LoopOpportunity for Immediate Scale with 256 Total UnitsPrimed for Value-Add Implementation with $400+/Unit in Upside Potential with Cosmetic Unit Upgrades LOCATION HIGHLIGHTS Portfolio located within a 7 Mile Radius within the I-240 Interstate Loop11 Communities located within 4 Property Clusters including the Medical District, Midtown/Binghampton, the Colonial Area and the Stax Museum AreaExcellent connectivity to Interstate I-240 for easy access to city’s Main Employment Anchors
This property is offered as part of a 9-Asset Apartment Portfolio. Additional details are listed in the OM for the entire 9-Asset Portfolio.