The property consists of approximately 3.019 acres with approved plans for 36 apartment homes in three attractive two-story residential buildings. The approved unit mix includes 24 one-bedroom units and 12 two-bedroom units, offering spacious floor plans designed to appeal to today’s renters.
All major entitlement work has been completed, including site planning, civil engineering, architectural plans, and development approvals, allowing a developer to move directly toward construction while avoiding the time, cost, and uncertainty of the entitlement process.
Ideally located along Appling Road with convenient access to Interstate 40, Germantown Parkway, Wolfchase, major employers, retail, dining, and healthcare, the property benefits from one of the strongest residential corridors in the Memphis metropolitan area.
Property Highlights
3.019± Acres
Fully Entitled & Pending Permit-Approval
Approved for 36 Apartment Units
Three Two-Story Residential Buildings
24 One-Bedroom / 12 Two-Bedroom Units
69 Parking Spaces
Transferable Development Plans
Utilities Available
Excellent Access to I-40 and Germantown Parkway
Located in the Growing Cordova Submarket