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Multifamily

Garden View Apartments

1137 Whitaker Dr, Memphis, TN 38116

Listing Price: Request For Offer

Number of Units
156
Gross SF
134,000

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of Garden View Apartments, a 156-unit market-rate apartment complex offered free and clear in Memphis, TN. The community is located in a quiet residential neighborhood with convenient access to jobs, commercial providers and all the Mid-South has to offer.

Investment Highlights

  • Garden View is undergoing significant renovation. Analysis of comparable assets in the submarket support a $200 rent premium realized by continuing the in-place value-add program to completion.
  • The property is located half a mile from Graceland Mansion which receives 600,000 visitors per year. The Elvis Presley Enterprises Campus is celebrating the recent opening of a 200,000 SF venue.
  • The property is located within close proximity to the Downtown Business District (80,000 jobs), Midtown Medical Corridor (30,000 jobs), and FedEx's largest facilities.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Multifamily

Garden View Apartments

Listing Price: Request For Offer

Number of Units
156
Gross SF
134,000

Investment Highlights

  • Garden View is undergoing significant renovation. Analysis of comparable assets in the submarket support a $200 rent premium realized by continuing the in-place value-add program to completion.
  • The property is located half a mile from Graceland Mansion which receives 600,000 visitors per year. The Elvis Presley Enterprises Campus is celebrating the recent opening of a 200,000 SF venue.
  • The property is located within close proximity to the Downtown Business District (80,000 jobs), Midtown Medical Corridor (30,000 jobs), and FedEx's largest facilities.

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of Garden View Apartments, a 156-unit market-rate apartment complex offered free and clear in Memphis, TN. The community is located in a quiet residential neighborhood with convenient access to jobs, commercial providers and all the Mid-South has to offer.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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