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Crosstown 116 Unit Portfolio
Memphis, TN Crosstown

$5,150,000 USD

Multifamily For Sale • 74,399 SF

2 Properties View all

Property Details

Property Type Multifamily

30 Transit Score

70 Walk Score

                
                    Highlights
                
                                Available individually or as a 116-unit portfolio across four adjacent apartment communities.
                            
                                Located one block from Crosstown Concourse, a mixed-use destination with 55+ businesses, dining, healthcare, and entertainment venues.
                            
                                Opportunity to acquire at an approximate basis of $44,400 per unit, below estimated replacement cost.
                            
                                Twenty-seven down units provide near-term lease-up potential and a clear value-add component.
                            
                                Portfolio scale supports operational efficiencies through centralized leasing, maintenance, and purchasing.
                            
                                Multiple avenues for NOI growth through renovations, occupancy gains, and operational improvements.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Memphis (City of New Orleans - Amtrak)	7 min	-	3.6 mi
Airport	Drive	Walk	Distance
Memphis International	15 min	-	9.1 mi

Lea Heilig 901-842-5322 Woodyard Realty Corporation

Crosstown 116 Unit Portfolio Memphis, TN Crosstown

$5,150,000 USD

Property Details

Highlights

Public Transportation

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Crosstown 116 Unit Portfolio
Memphis, TN Crosstown