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4168 The Place St
Memphis, TN 38128 Raleigh

$30,000,000 USD

Apartments For Sale  •  421,496 SF

Property Details

  • Property Type Apartments
  • Total Building Size 421,496 SF
  • Lot Size 26 AC
  • Building Class B
  • Year Built 1972
  • Zoning R-ML
30 Transit Score
42 Walk Score

Highlights

A 379-unit garden-style community boasting 98% occupancy in the thriving Memphis rental market.
Offers a balanced selection of 1-, 2-, and 3-bedroom floor plans designed for broad tenant appeal.
Features swimming pools, sports courts, and a clubhouse for an elevated living experience.
Exceptional connectivity with seamless access to I-240, ensuring strong long-term demand.
Consistent income stability and tenant retention in a well-maintained, Class B asset.
Positioned in a stable market with sustained appreciation and reliable returns.

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Playground
  • Pool
  • Security System
  • Storage Space
  • Tennis Court
  • Washer/Dryer Hookup
  • Heating
  • Basketball Court
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Patio
  • Wheelchair Accessible (Rooms)

Public Transportation

AirportDriveWalkDistance
Memphis International 24 min - 20.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 858
Type: Surface
Included in Rent: Yes
Olga Petrovna 888-904-7945 Olga Petrovna
Olga Petrovna 888-904-7945 Olga Petrovna