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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 F
  • Year Built 1972
25 Transit Score
58 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

Public Transportation

AirportDriveWalkDistance
Memphis International 9 min - 4.9 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