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1717 Crimson Cir
Memphis, TN 38116 Whitehaven

$6,950,000 USD

Apartments For Sale  •  274,138 SF

Property Details

  • Property Type Apartments
  • Total Building Size 274,138 SF
  • Lot Size 17.59 AC
  • Building Class C
  • Year Built 1972
30 Transit Score
40 Walk Score

Highlights

Community totals 300 units across townhomes, two-story walk-ups, and a single-family residence with diverse one- to three-bedroom plans.
Approximately 274,138 net rentable square feet are entirely vacant, allowing immediate access for comprehensive renovations and repositioning.
Oakshire Downs Apartments and Townhomes offer a value-add opportunity positioned for LIHTC affordable housing or market-rate renovation strategies.
With a versatile unit mix and efficient layout, the community is well-suited for family households and community-focused redevelopment efforts.
Memphis faces a growing affordable housing shortage as rents rise, driving strong demand for well-maintained and accessible multifamily communities.
1717 Crimson Circle is a seven-minute walk from Holmes Road at Millbranch Road, META Transit Route 42 - Crosstown Bus Stop.

Major Tenants

Tenant SF Occupied Lease End Date
Oakshire

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Property Manager on Site
  • Heating
  • Walking/Biking Trails
  • Wi-Fi
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Maintenance on site
  • Large Bedrooms
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Memphis International 10 min - 5.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Breanne Crockett 662-470-1068 Prospera
Breanne Crockett 662-470-1068 Prospera